Ruhi Maker News Today

Justin Sullivan/Getty ImagesNEW YORK -- Four years before Lehman Brothers collapsed and set off the worst U.S. financial disaster since the Great Depression, Ruhi Maker warned top officials at the Federal Reserve that the nations housing bubble could wreak "enormous" economic damage. Maker, a housing attorney in Rochester, New York, told Fed officials that a flood of faulty home loans could imperil the soundness of major investment banks, even naming Lehman Brothers, according to a tra...

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NEW YORK — Four years before Lehman Brothers collapsed and set off the worst U.S. financial disaster since the Great Depression, Ruhi Maker warned top officials at the Federal Reserve that the nation’s housing bubble could wreak “enormous” economic damage. Maker, a housing attorney in […]

Justin Sullivan/Getty ImagesNEW YORK -- Four years before Lehman Brothers collapsed and set off the worst U.S. financial disaster since the Great Depression, Ruhi Maker warned top officials at the Federal Reserve that the nations housing bubble could wreak "enormous" economic damage. Maker, a housing attorney in Rochester, New York, told Fed officials that a flood of faulty home loans could imperil the soundness of major investment banks, even naming Lehman Brothers, according to a tra...

Justin Sullivan/Getty ImagesNEW YORK -- Four years before Lehman Brothers collapsed and set off the worst U.S. financial disaster since the Great Depression, Ruhi Maker warned top officials at the Federal Reserve that the nations housing bubble could wreak "enormous" economic damage. Maker, a housing attorney in Rochester, New York, told Fed officials that a flood of faulty home loans could imperil the soundness of major investment banks, even naming Lehman Brothers, according to a tra...

Justin Sullivan/Getty ImagesNEW YORK -- Four years before Lehman Brothers collapsed and set off the worst U.S. financial disaster since the Great Depression, Ruhi Maker warned top officials at the Federal Reserve that the nations housing bubble could wreak "enormous" economic damage. Maker, a housing attorney in Rochester, New York, told Fed officials that a flood of faulty home loans could imperil the soundness of major investment banks, even naming Lehman Brothers, according to a tra...

A month after the National Community Reinvestment Coalition blasted KeyBank's mortgage lending record to Black borrowers, the group said it will send letters to the Federal Reserve and OCC about its findings.