Finance & Mortgage
Morgan Stanley CEO Took Home $13 Mln in 2011
U.S. Mortgage Rates Ticks Down To 3.98%: Freddie Mac
Americans Brace For Next Foreclosure Wave
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
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 Fitch Assigns Selene Finance Residential Mortgage Servicer Rating from reuters Fitch Ratings takes the following rating actions on Selene Finance LP's (Selene) U. 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. Kristin Cavallari's parents have lost their Laguna Beach home to foreclosure.
