Suing the banks
Those who made the mortgage mess are to be sued for their failure to inform buyers of the underlying assets
Mr Layton, who worked at JPMorgan Chase and its predecessors for close to 30 years, is leaving the board of AIG on which he has served since 2010
The group will not need funds from the US Treasury for the first quarter since its 2008 bailout, stoking hopes of an end to the property market downturn
Donald Layton was a banker for more than 20 years at JPMorgan Chase and then chief executive of E-Trade Financial
Head of the Federal Housing Finance agency says it may be cheaper for lenders to forgive some distressed mortgage debt than to postpone payments
Those who made the mortgage mess are to be sued for their failure to inform buyers of the underlying assets
US government seen as biggest source of outstanding home mortgage and consumer credit loans
When it comes to US mortgage finance, the dream of a nation in which the free market rather than government decides looks like it will remain just that, writes John Gapper
With house prices expected to decline for a fifth successive year, foreclosures remain on the rise and measures to curb the problem are proving ineffective
The longer it takes to recognise losses, the larger they become. This was the case with the savings and loan debacle, warn Carmen Reinhart and Vincent Reinhart
Although the housing bust will weigh on voters at Tuesday’s midterm elections, Americans will be paying for sloppy lending practices for years to come
The GSEs are still in limbo two years after conservatorship
As falling prices begin to hit the middle to higher ends of the housing market, we are looking at another foreclosure wave, writes Mort Zuckerman

Track share price and financials and use the interactive chart to analyse broker forecasts, industry peers and key indicators.

Track share price and financials and use the interactive chart to analyse broker forecasts, industry peers and key indicators.