Standout reporting on five-year mortgage mess.
by Blair Hickman, ProPublica
The housing crisis in the U.S. has been going on nearly five years, with still regular revelations about misdeeds by banks and others. Here's our roundup of standout reporting on the crisis.Lucrative fees may deter efforts to alter loans, The New York Times, July 2009Banks and other mortgage servicers have made big bucks on the fees associated with delinquent loans, because of rules that one Federal Reserve Bank of Boston paper called a "perverse incentive to foreclose rather than modify."…
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