Finance & Mortgage
Fannie, Freddie May Have Lost $3 Billion in Libor
U.S. Agency Sues JPMorgan Over Mortgage Securities
SEC Has Examined Bank of America Mortgage Repurches
EDITOR'S PICKS
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Developers Apologize After Accidentially Demolishing House Where AC/DC Got Together
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US Housing Affordability Unlikely To Improve Until Prices Fall 40%, Wages Increase 70%: Expert
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Meghan Markle And Prince Harry's Montecito Mansion Now Valued At $29M
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US Housing Supply Hit Four-Year High - But Only Because Homes Are Failing To Find Buyers
Bank of America Chief Executive Brian Moynihan on Friday said the taxpayer-supported mortgage giants, Fannie Mae and Freddie Mac, should not be eliminated as policymakers calibrate the right balance of government support for home buying. California Lumberyards Against 1 Percent Tax Hike
A recent hike of 1 percent tax hike proposed by the governor of California has upset lumber sellers as they are afraid it will affect business Federal Clampdown Looming on Reverse Mortgages
The federal government is proposing to make big changes to its reverse mortgage program early next year that should make the loans safer for seniors who use them to tap home equity. Toll Brothers Results Indicate Steady Housing Recovery
Toll Brothers Inc, the largest luxury homebuilder in the United States, reported a higher quarterly profit and said new orders rose sharply, indicating that the U.S. housing market is well on its way to recovery. FED To Hold Lenders'Feet to the Fire on Mortgages
Frustrated Federal Reserve policymakers on Monday sought an explanation from mortgage lenders as to why the benefits of lower interest rates were not filtering to home buyers as quickly as in the past even as investors benefited. Mortgage Rates, Near Record Low, Level Off, May Signal Housing Comeback
As the economy ekes its way towards recovery, there's good news today for homebuyers: Average U.S. rates on fixed mortgages fell to record lows this week, New Home Sales Stagnant, Cast Shadow on Housing
New U.S. single-family home sales fell slightly in October and sales for the prior month were revised sharply lower, casting a faint shadow over one of the brighter spots in the U.S. economy. Home Prices Rise for Eighth Month in September
Single-family home prices rose in September for an eighth straight month in a further sign that the housing market is on the mend, a closely watched survey showed on Tuesday. Manila Rising, So Are Rents as Confidence in Philippines Grows
Manila's changing skyline demonstrates a city coming up in the world. (Reuters) - Manila's changing skyline demonstrates a city coming up in the world. MBIA Shares Rise After Averting Default on Bonds
MBIA Inc on Monday said it had changed the terms of some of its debt to avoid what it called a possible default, sending its shares up more than 5 percent in afternoon trading.
