Consumer Protection to regulate debt collectors and credit bureaus

http://www.cnbc.com/id/46414250/Credit_Report_Firms_Debt_Collectors_Face_New_Oversight

This sounds like good news to me.

NY AG Sues Banks For Deceptive Practices, False Documents

New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices, including false documents in foreclosure proceedings. 

http://www.reuters.com/article/2012/02/03/us-banks-mortgages-idUSTRE8121BI20120203