Supreme Court says banks are subject to some state laws

WASHINGTON — The Supreme Court on Monday ruled that states can apply some of their own laws to big national banks operating within their borders, a decision proponents called a huge win for consumers and for states seeking more power to regulate financial activities. The...

MacArthur Foundation Pledges $68 Million to Abate Chicago

The charitable organization, MacArthur Foundation has committed $68 million to help organizations that fight the foreclosure problem in Chicago. The investment is considered as the most significant support provided by a private entity to help people avoid foreclosures....

Obama/Biden: When the Judge Becomes Your Mortgage Broker

Obama/Biden: When the Judge Becomes Your Mortgage Broker By: Bill Hitchcock From the Palin/Biden Vice Presidential debates on October 2, 2008 Biden:”Number two, with regard to bankruptcy now, Gwen, what we should be doing now — and Barack Obama and I support it — we...