Democrats to Regulators: We Want Foreclosure-Review Report by Year's End

A trio of Democratic lawmakers are again calling on bank regulators to disclose “critically important” information behind the scuttled Independent Foreclosure Review. Now they are requesting that the Federal Reserve and the Office of the Comptroller of the Currency provide this information by no later than the end of the year.

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Foreclosure Review Fallout: OCC Tightens Rules on 'Independent Consultants'

A regulator has announced stricter rules for some of the biggest U.S. banks when it comes to hiring independent consultants. The move was mainly inspired by the troubled Independent Foreclosure Review, which dragged on with little progress and at great expense before borrowers were finally compensated this year.

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