New York Attorney General Eric Schneiderman’s Residential Mortgage-Backed Securities (RMBS) task force received ample attention from news and activist organizations alike following its dramatic announcement at last year’s State of the Union Address. The task force was supposed to investigate and prosecute Wall Street fraud that led to the housing bubble and the eventual collapse [...]

If you or anyone you know have been affected by foreclosure fraud, we want you to share your thoughts on the settlement with us. Unlike some who laid ground cover for this carnage by hailing Schneiderman a hero but remain silent today, we will not allow this deal — and what it means to the victims of foreclosure fraud — to be buried under a mountain of pro-settlement propaganda.

New documents obtained by ProPublica through the Freedom of Information Act provide new insights into what a complete disaster the Home Affordable Modification Program (HAMP) has been.  HAMP was created with $50 billion from TARP funds and was supposed to facilitate mortgage modifications by reducing monthly payments for potentially millions of stressed homeowners.  But the [...]

FDL has become the go-to place for coverage of the health care bill due to the work of our incredible team. Jon Walker’s second-to-none knowledge of the health care bill has made the policy and political analysis he offers up at  FDL Action a driving force. Dave Dayen’s reporting at the FDL News Desk, Marcy [...]