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DOJ May Target RBS, JPMorgan Executives for Criminal Roles in Financial Crisis

The U.S. may be following through on promise made a few months ago to target individual executives from the Royal Bank of Scotland and JPMorgan Chase for their alleged criminal role in financial crisis. In September, the Department of Justice issued a memo to all U.S. state attorneys general stating that it will pursue the prosecution of individuals whose actions brought on the Great Recession of seven years ago. The DOJ is reportedly standing by their word and pursuing criminal cases against executives at these two banking institutions for allegedly selling flawed mortgage securities after being warned by associates of their wrongdoings.

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Mortgage Debt Still Weighing Heavy on Consumers

Many Americans are still struggling with mortgage debt, which is the third most-popular form of debt in the nation. Much of this debt stems from borrowing at the wrong time and for the wrong purpose, preventing consumers from achieving financial stability.

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Delgado Calls Vacant Homes in the U.S. a ‘Community Crisis of a National Proportion’

The Five Star Institute had a strong presence at the 12th Annual National Property Preservation Conference, which began Monday in Washington, D.C. Five Star President and CEO Ed Delgado presented the opening remarks for the event on Monday morning and moderated two panel discussions on Monday, a State of the Industry discussion and a panel focused on Transforming Blighted Communities.

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Charting the Course

The stormy days of the housing meltdown may have passed, but is it all calm waters ahead? The industry’s top economists foresee some unpredictable tides as 2016 approaches. Editor's note: This select print feature appears in the November 2015 edition of MReport magazine, available now.

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