Daily Dose

In this installment of Counsel's Corner, Larry Buckley and Adam Womack of Buckley Madole discuss a few of the things that can delay foreclosure or bankruptcy proceedings.

Overall household debt in the U.S. was up by more than $50 billion in Q4. How much of that can be attributed to outstanding mortgage balances?

How much would direct spending increase if an inspector general is appointed for the Consumer Financial Protection Bureau?

Is the government doing enough to reduce the risk of another taxpayer-funded bailout of Fannie Mae and Freddie Mac?

The House Subcommittee on Housing and Insurance questioned FHA's acting commissioner, Ed Golding, on a number of topics related to the Agency's well-being.

The investment banking firm is the latest to agree to a settlement with the government to resolve claims of misrepresenting the quality of mortgage-backed securities sold to investors in the run-up to the crisis.

A big shift from homeownership to renting has taken place nationwide since the crisis, and metros where the most foreclosures occurred were the most affected.

The German-based bank agreed to a $1.9 billion settlement with FHFA in December 2013 over claims that the bank defrauded Fannie Mae and Freddie Mac.

So far this year, the bank has had to cut nearly 600 mortgage jobs and agreed to a $1.2 billion settlement with regulators over underwriting practices.

Comptroller of the Currency Thomas Curry encouraged banks to meet with stakeholders in their communities to determine effectiveness of their financial products and possibly pinpoint new business opportunities.