Relevant:
- 3 big lenders undercut foreclosure-prevention effort, Obama team says
- Secret Docs Show Foreclosure Watchdog Doesn't Bark or Bite
- Revamped mortgage program: Will homeowners be able to refinance?
- Wells Fargo, JPMorgan Label More Junior Liens as Bad Assets
- U.S. banks pay lip service to second mortgages
2011-01-28 — propublica.org
"With millions of homeowners still struggling to stay in their homes, the Obama administration’s $75 billion foreclosure prevention program has been weakened, perhaps fatally, by lax oversight and a posture of cooperation—rather than enforcement—with the nation’s biggest banks. Those banks, Bank of America, Wells Fargo, JPMorgan Chase, and Citibank, service the majority of mortgages."
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