Finance & Mortgage
'Fed Rules on Turning Foreclosures into Rentals
'Federal Judge Approves $25 Billion Mortgage Pact
'Morgan Stanley CEO Took Home $13 Mln in 2011
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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U.S. 30-year fixed-rate mortgages declined slightly to 3.98 percent in the week ending April 5 as recent economic indicators were mixed, mortgage finance giant Freddie Mac said Thursday. -
'Americans Brace For Next Foreclosure Wave
Half a decade into the deepest U.S. housing crisis since the 1930s, many Americans are hoping the crisis is finally nearing its end. -
'Geithner Says U.S. Far Behind on Housing Finance Reform
The United States is far behind on reforming the country's housing finance system, where the government's mortgage buyers Fannie Mae and Freddie Mac provide funding for the bulk of U.S. home loans, Treasury Secretary Timothy Geithner said on Wednesday. -
'Mortgage Rate : How to Grab the Best Now
With mortgage rates still hovering near historic lows, this could be the right time to buy a home or refinance a mortgage, but nailing down a low-rate, low-fee loan isn't that easy. -
'Mortgage Applications Picked up Last Week : MBA
Applications for U.S. home mortgages gained last week after seven straight weeks of declines, helped by a jump in purchase demand as interest rates retreated, an industry group said on Wednesday. -
'Ambac sues JPMorgan over mortgage losses
Ambac Financial Group Inc, the bond insurer that last month won court approval to emerge from bankruptcy, has sued JPMorgan Chase & Co to recover losses on mortgage securities that it insured and were made by the former Bear Stearns Cos. -
'Teachers Credit Union Now A Bank; Lenders Jack Up Fixed Mortgage Rate
Due to the rising dissatisfaction level among Australians with large banks, more people are bringing their business to credit unions. As a result of this change, a number of Aussie credit unions are becoming banks. -
'AIG Looking at Buying Home Loans: FT
Bailed-out insurer American International Group (AIG.N) is looking at the possibility of purchasing whole loans as another investment vehicle, leveraging the growing market share of its mortgage insurance business, the company's chief executive said in an interview with the Financial Times. -
'Bad Assets Overshadow Banks' Huge Profits
When asked by reporters on March 15 about how he perceived the huge profits of China's banking industry last year while the private sector was foundering on a shortage of bank loans, Zhou Xiaochuan, governor of People's Bank of China, said he thought banks' staggering profits were a natural result of readjustment of economic cycles. -
'Fitch Assigns Selene Finance Residential Mortgage Servicer Rating
Fitch Assigns Selene Finance Residential Mortgage Servicer Rating -
'Goldman, Landesbank Argue CDOs in US Appeals Court
A U.S. appeals court was asked on Friday to decide whether Goldman Sachs Group Inc (GS.N) and TCW Asset Management Co should have foreseen the housing market implosion that caused a $37 million loss for German state-owned Landesbank Baden-Wurttemberg. -
'Kristin Cavallari Foreclosure Woes: Parents Lose ‘The Hills’ House, Owed Same Amount As Jay Cutler's 2012 Salary
Cavallari's parents owed a sum that almost exactly matches Jay Cutler's 2012 salary.
