Obama Moves Closer to Principal Reduction Mandate
Editor’s note: This is red meat for investors and borrowers seeking restitution for losses caused by improper appraisals, ratings and representations concerning loan and property values, loan viability, securities fraud, deceptive lending practices, TILA violations etc.
Obama Bank Policy Signals $1 Trillion in Writedowns
April 3 (Bloomberg) — U.S. regulators may force Bank of America Corp., Citigroup [...]

