Relevant:
- Elizabeth Warren, Elijah Cummings, Maxine Waters Call For More Transparency On Failed Foreclosure Reviews
- While Wronged Homeowners Got 300 Apiece in Foreclosure Settlement, Consultants Who Helped Protect Banks Got 2 Billion
- Reed Presses Regulators to Clarify ‘Risky’ LBO Rules
- Elizabeth Warren Embarrasses Hapless Bank Regulators At First Hearing (VIDEO)
- OCC Says Almost 500,000 Seek Reviews of Foreclosures
2013-04-12 — huffingtonpost.com
``Under questioning from Sen. Jack Reed, a Rhode Island Democrat, regulators came the closest to acknowledging that the reviews, which resulted more than $2 billion in payments by the banks to consultants, were poorly conceived and supervised.''
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