Report Blames Big Banks For 800,000 Preventable Foreclosures

Report Blames Big Banks For 800,000 Preventable Foreclosures: According to the report — from Ohio State University, Columbia Business School, the University of Chicago, the Office of the Comptroller of the Currency, and the Federal Reserve of Chicago — big banks could have prevented an additional 800,000 foreclosures had they been better equipped to administer the federal modification program