The landscape of Wall Street’s creative destruction is pockmarked with red Xs.
Banking regulators admitted the Independent Foreclosure Review was a big expensive mess and shut it down. But many details about the $8.5 billion settlement that replaces it remain murky.
A look at the government’s response as the foreclosure crisis enters its seventh year.
Because of big banks’ poor performance, approximately 800,000 homeowners missed out on mortgage modifications.