Finance & Mortgage
World Bank Presidency : Three-way Race As Deadline Looms
Women’s Group Knocks Summers’ World Bank Presidency Prospects
World Bank President? Ngozi Okonjo-Iweala or Jose Antonio Ocampo ?
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
The reserve requirement for 379 branches of state-run Agricultural Bank of China Ltd., the country's third-biggest lender, will decline by two percentage points below that of other Chinese banks. Spanish banks' higher real estate cover: A big but necessary step forward
Fitch Ratings says in a newly-published report that the new coverage levels for real estate (RE) assets required by the Spanish government is a big but necessary step forward and there are significant challenges ahead. 30-Year Fixed Mortgage Rate Clears 4%: Freddie Mac
Interest rates on the 30-year, fixed-rate mortgage rose above 4 percent for the first time since October 2011, following increases in bond yields, Freddie Mac reported. Fed Fining Eight More Home Mortgage Lenders In Robo-Signing Scandal
The Federal Reserve plans to fine eight more bank holding companies for improper home mortgage foreclosures, the latest fallout from the so-called robo-signing scandal in which banks filed foreclosure documents without verifying their accuracy. Apple's Cook Finally Shares $98 Billion Cache
Apple Inc CEO Tim Cook, moving swiftly after taking over from the late Silicon Valley icon Steve Jobs, fulfilled a longstanding desire of investors by initiating a quarterly dividend and share buyback that will pay out $45 billion over three years. Morgan William Bryan Jennings And Cab Driver Collide[Analysis]
At the very moment William Bryan Jennings should have been climbing into bed at his sumptuous Connecticut mansion, the high-ranking executive at Morgan Stanley was sprinting through back roads a mile away. He was exhausted, scared and - detectives would later allege - had just stabbed a taxi driver in a dispute over a fare. Moody’s Could Downgrade Global Investment Banks -- Nomura
U.S. and European investment banks may face headline risk again from credit ratings downgrades by Moody's Investors Service Inc. in the coming weeks, Nomura Securities warned Monday. Treasury to Announce $25 Billion Profit on Mortgage Bonds
The Treasury Department may announce on Monday that taxpayers have made a $25 billion profit on mortgage bonds purchased at the height of the meltdown, the Wall Street Journal reported. Fannie Mae's Property Sales Generate Investor Interest
Some big investors have shown interest in buying foreclosed properties being sold in bulk by Fannie Mae , the largest U.S. home funding source, the Wall Street Journal said citing people familiar with the process. Fed Revises Stress Test Losses
The Federal Reserve bank said on Friday it had made mistakes in calculating bank losses in stress test results released this week.
