loans

Can You Fight Poverty With A Five-Star Hotel?

By Cheryl Strauss Einhorn, Special to ProPublica This story was co-published with Foreign Policy. Accra is a city of choking red dust where almost no rain falls for three months at a time and clothes hung out on a line dry in 15

Is BofA’s Foreclosure Review Really Independent?

Late last year, the country's bank regulators launched a massive program to evaluate millions of foreclosure cases and compensate homeowners who fell victim to the banks' flawed or illegal practices. Regulators dubbed it the "Independent Foreclosure Review" to emphasize that the banks would not be making key decisions about loans they had made or serviced.