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Countrywide Sued Again

Illinois attorney general Lisa Madigan has filed a lawsuit against Countrywide, alleging it steered African-American and Latino borrowers into subprime mortgages and charged them...

Attention Underwriters

According to Deutsche Bank, 20 million homeowners might be underwater by 2012. Turns out of those 20 million, those with the most expensive homes...

Little Living Goes a Long Way

As Seattle continues its efforts to expand its affordable housing stock (and housing options), tiny so-called cottages are popping up in its backyards. The...

Why Was ShoreBank Allowed to Fail?

In August, when the FDIC seized ShoreBank of Chicago, it represented the demise of the oldest community development bank in the United States. The...