Jan 5th 2011 12:01PM
Elizabeth Warren has a big job on her hands, but so far the Obama-appointed leader of the team charged with setting up the new Consumer Financial Protection Bureau (CFPB) seems up to the task. In a major early step, Warren convinced state and federal regulators to sign a memorandum of understanding (MOU) to agree to work... Continue Reading »
Sep 22nd 2010 10:29AM
When I saw that Elizabeth Warren had begun her duties as President Obama's consumer-protection watchdog by holding a forum Tuesday on simplifying mortgage paperwork, one of the first things that popped into my head was a neat trick that a few mortgage professionals liked to pull back in the heady days of the home-loan... Continue Reading »
Jul 26th 2010 11:47AM
Back in 2007, a relatively unknown Harvard Law professor named Elizabeth Warren warned that "for a growing number of families who are steered into...risky subprime mortgages...trust in a creditor turns out to be costly." In the months after the housing crash, Warren became a very public beacon of reason -- it's no wonder... Continue Reading »
Mar 5th 2010 9:45AM
Late on your mortgage? Did you know you might be able to negotiate a 20 percent reduction in what you owe? Josh Rosner, a financial analyst specializing in mortgage-backed securities, says that lenders know that if a home goes into foreclosure, the lender will lose 60 percent or more. So what's stopping them? The banks... Continue Reading »
