| Jan 9, 2012 11:30AM Federal Reserve Board Governor Sarah Bloom Raskin told a law school group on Friday that the judicial morass arising out of the mortgage crisis , "reflects profound and pervasive misconduct in mortgage servicing . It also calls for timely public enforcement." And, Raskin made clear, this enforcement will ultimately involve monetary penalties against the parties who engaged in that misconduct. Raskin, speaking to at the Association of American Law Schools annual meeting on Creating and Implementing... Jan 9, 2012 1:32PM Americans are feeling better about the economy according to results from Fannie Mae's December Housing Survey released by the company this morning. Consumer sentiment, while still very low, improved during the last months of 2011 and the number of Americans who say the economy is on the right track has risen 6 percentage points since November. While the number who gave the "wrong track" answer was down 6 percent as well, 69 percent of respondents still feel that the direction of the country is negative...
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