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The federal regulator who oversees Fannie Mae and Freddie Mac on Thursday accused New York's attorney general of overstating risks the mortgage finance companies face from faulty home appraisals. ...more
November 9, 2007
Wall Street suffered its second big drop in a week Wednesday, with investors worried about spreading fallout from the credit crisis at banks and about a dollar that just keeps getting weaker. The Dow Jones industrial average fell more than 360 points - just about matching its pullback Nov. 1. ...more
November 7, 2007
New York Attorney General Andrew Cuomo said Thursday that a major real estate appraisal company colluded with the nation's largest savings and loan companies to inflate the values of homes nationwide, contributing to the subprime mortgage crisis. ...more
November 2, 2007
The social networking Web site Facebook has been warned that it could face a consumer fraud charge for failing to live up to claims that youngsters there are safer from sexual predators than at most sites and that it promptly responds to concerns, a spokesman for New York Attorney General Andrew Cuomo said Sunday. ...more
October 1, 2007
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