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Karen Weise was an intern at ProPublica and a recipient of the Mark Felt Scholarship for Investigative Reporting at UC Berkeley's Graduate School of Journalism. She has worked in public radio and as a researcher for PBS/Frontline. She has freelanced for Marketplace, The World, The San Jose Mercury News and others and was a finalist for an Investigative Reporting and Editors award. She came to journalism from a business background after graduating cum laude from Yale University.
Jan. 6, 2011, 2:32 p.m.We check back with some of the homeowners seeking loan mods who we’ve profiled over the past year.
Dec. 27, 2010, 11:30 a.m.This past year prosecutors, regulators, Congress and journalists spent the year uncovering the financial shenanigans that brought the market to its knees. It's been marked by a few blockbuster settlements and more revealing investigations as well as by some noticeable inaction in the reckoning.
Dec. 20, 2010, 1:31 p.m.On Friday, Arizona and Nevada both filed suit against Bank of America, saying it deceived homeowners trying to avoid foreclosures.
Dec. 17, 2010, 9:44 a.m.
Dec. 17, 2010, 9:44 a.m.The regulator for the government-controlled mortgage giants won’t let them trim loans for homeowners who owe more than their home is worth.
Dec. 16, 2010, 3:17 p.m.A new survey say homeowners in the government's loan modification program are still being foreclosed on, despite it being against the rules.
Dec. 15, 2010, 1:17 p.m.
Dec. 14, 2010, 10:53 a.m.
Dec. 13, 2010, 11:36 a.m.
Dec. 1, 2010, 7:14 p.m.The Federal Reserve released data on more than 21,000 loans and other deals it made through a dozen emergency programs during the financial crisis. We've combined the Fed’s three programs that loaned directly to banks and other financial firms with the goal of getting them to start lending again.
Nov. 22, 2010, 12:22 p.m.A look at one case that shows common indicators of fraud and the challenges of fighting it.
Nov. 19, 2010, 12:48 p.m.New York is requiring banks to sit down with homeowners before foreclosing. And it’s slowly starting to pay off.
Nov. 16, 2010, 2:55 p.m.Bank of America’s top mortgage official plans to testify today that investors are stopping the bank from making more loan mods. It’s not true.
Nov. 5, 2010, 10:53 a.m.A searchable, easy-to-browse look at the Treasury Secretary’s calendar during the height of financial reform.
Nov. 4, 2010, 11:24 a.m.Banks’ own modifications typically reduce monthly payments by half as much as those made in the government program, making homeowners twice as likely to fall behind again after a modification.
Oct. 27, 2010, 11:10 a.m.The U.S. government's effort to help struggling homeowners from defaulting on their mortgages is approaching a standstill, and the number of homeowners in ongoing mortgage modifications could start shrinking.
Oct. 22, 2010, 11:06 a.m.Wells Fargo says its employees verify every mortgage document they sign, but a bankruptcy case shows that's not always the case.
Oct. 18, 2010, 12:18 p.m.The investors who own mortgages are starting to threaten legal action over the way banks and mortgage servicers operate.
Oct. 1, 2010, 12:06 p.m.The White House says it met its goal of spending 70 percent of the $787 billion stimulus package, but final numbers aren't in and five agencies have spent less than a quarter of their funds.
Sep. 30, 2010, 10:55 a.m.A half-trillion dollars later, the TARP bailout has produced moneymakers, slow payers and underachievers.
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