bank immunity News

Banks Seek Liability Shield for Future Home Mortgages

U.S. banks still wrestling with legal troubles springing from the subprime mortgage crisis are lobbying the new consumer agency for strong legal protection for future home loans. The Consumer Financial Protection Bureau is finalizing a proposal to entice banks to …

States Negotiating Immunity for Banks Over Foreclosures

State attorneys general are negotiating to give major banks wide immunity over irregularities in handling foreclosures, even as evidence has emerged that banks are continuing to file questionable documents. A coalition of all 50 states’ attorneys general has been negotiating …