News from the new bottom line A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle.

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Feb 09, 2012, 11:06 ET Statement of The New Bottom Line on AG-Bank Mortgage Settlement Agreement

The mortgage fraud settlement being announced today is a tiny drop in a big bucket. It does not do justice for the millions of homeowners who lost...


Feb 02, 2012, 10:35 ET Leading Homeowners' Advocate Available for Comment on AG-Bank Mortgage Settlement Agreement

Any day now, the details of the agreement between state Attorneys General and five big banks involved in the robo-signing scandal are expected to...


Aug 17, 2011, 10:55 ET Fixing the Housing Crisis Would Create One Million Jobs Annually, New Report Finds

By writing down all underwater mortgages to market value, the nation's banks could pump $71 billion per year into the economy, create more than one...