The White House on the Foreclosure Crisis

Here is David Axelrod (PDF), speaking with CBS’s Bob Shieffer this weekend:

BOB SHIEFFER: Just when we thought it couldn’t get any worse now we find that this sloppy paperwork by the lenders may have made some of these foreclosures now that are being contemplated invalid. Some of the

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Bank of America to Cease Lending for Mountaintop Mining

Amid much criticism that banks are refusing to lend for reasons of profit, one bank is refusing to lend for reasons of principle.

Bank of America on Wednesday announced that it will phase out its financing for companies that focus on mountaintop coal mining. That process — in More…