Finance & Mortgage
'BOFA Tallies $15.8 Billion in Mortgage Aid to Struggling Borrowers
'Bank of Ireland Raises 1 Billion EUR in 'Milestone' Issue
'Deutsche Bank Loses Bid to End U.S. Mortgage Lawsuit
EDITOR'S PICKS
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Residents of a Chicago Mobile Home Park To Lose Water Access Days Before Thanksgiving
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Dozens Left Homeless After Apartment Fire Sparks In Durham
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Homebuying 101: 5 Red Flags To Watch Out For
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US Home Prices on the Rise: Here's Where Houses Are the Priciest
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Real Estate: 3 Things To Know Before You Start Investing
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PIMCO Total Return Fund, which is run by Bill Gross and ranks as the world's largest mutual fund, increased its exposure to U.S. government debt while continuing to trim mortgage holdings in October, data from the company's website showed on Friday. -
'BOFA's Merrill Loses Bid to End FHFA Mortgage Lawsuit
Merrill Lynch, part of Bank of America Corp, on Thursday lost its bid to dismiss a federal regulator's lawsuit accusing it of misleading Fannie Mae and Freddie Mac into buying billions of dollars of risky mortgage debt. -
'Mortgage Applications Down as Sandy Hit Northeast
Applications for home mortgages fell last week as Superstorm Sandy battered the East Coast and disrupted normal business activity for millions of people, an industry group said on Wednesday. -
'HSBC Eyes Sale of U.S. Loans to Speed Reshaping
HSBC is nearing the sale of more than $6 billion of U.S. mortgages and other personal lending as part of its accelerated run-down of its troubled U.S. loans book. -
'From Bankers to Cage-Dwellers, KH Feels Property Price Squeeze
In a cramped space on the fifth floor of an old industrial building in Hong Kong, Huang Shaochang and his wife live in some of the priciest real estate per square foot in the world - a 35-square feet room with a bunk bed and small TV. -
'MetLife to Sell Mortgage Servicing Portfolio to JP Morgan
MetLife Inc, the largest U.S. life insurer, said it will sell MetLife Bank's mortgage servicing portfolio to a unit of JPMorgan Chase & Co for an undisclosed amount, as it looks to exit its bank holding structure. -
'Mortage Applications Down, Refinancing Demand Slows
Applications for home mortgages fell last week as demand for refinancing tumbled for the fourth week in a row, an industry group said on Wednesday, although other recent data has indicated the housing market is improving. -
'Home Prices Climb Further in August
Home prices gained further traction in August, the latest sign that the housing market is on the mend, a closely watched survey showed on Tuesday. -
'Insurers Must Set Aside More Capotal for Mortages
Insurers must set aside more capital against their mortgage-related investments to protect against possible future downturns in the housing market, state regulators agreed on Friday. -
'Mitsubshi Targets Growth of Tiny Property Funding Business
Japan's top trading house Mitsubishi Corp is expanding its small real estate financing business to benefit from rising property purchases by foreign investors in the country and an expected jump in refinancing of loans, a senior executive said. -
'Fannie Mae, Freddie Need Less Government Funding
Fannie Mae and Freddie Mac are expected to require less taxpayer aid and may be able to stop tapping government coffers as early as next year, the U.S. housing regulator said on Friday, partly because the health of the bailed-out companies has improved. -
'Bernanke to Not Stand for Third Term at Fed
U.S. Federal Reserve Chairman Ben Bernanke has told close friends he probably will not stand for a third term at the central bank even if President Barack Obama wins the Nov. 6 election
