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Countrywide on the hot seat

Countrywide has no choice but to promise to do better. As the people increasingly question the wisdom of Bank of America's plans to purchase it, it faces criticism in other areas that get to internal... Read more...

The mortgage mess and KPMG

We've noted that a damning report by an independent Justice Department had little good to say... Read more...

KPMG liable for mortgage lender implosion

Once again, we can ask: Wasn't Sarbanes-Oxley supposed to prevent this? Mortgage fraud has been front-page news. A 581-page report by a bankruptcy court examiner has found that New Century--a... Read more...