In “The Killing Fields of East New York,” Stacy Horn profiles one 1990s white-collar crime spree and the wreckage it left ...

Investors were on the lookout for new, post-technology bubble investment opportunities, which they found in the form of loans to high-risk homebuyers, known as subprime mortgages. During this ...

Fannie Mae and Freddie Mac are government-sponsored enterprises that aim to provide the mortgage market with stability and ...

If a lender considers you to have a greater risk of default than other borrowers, you might only qualify for what is known as ...

HUD bullied Countrywide Financial and hundreds of mortgage lenders into signing so-called Fair Lending Master Agreements targeting minorities with subprime loans. It is no wonder the banks thought ...

Lax, if not fraudulent, underwriting practices in subprime mortgage lending largely explain the rise in the rate of seriously delinquent loans from 6 percent to 9 percent between the second quarter of ...