Finance & Mortgage
Mortgage Deal : Is a 'Quickie' Refinancing Deal Worth It?
China Control Banks' Asset Risks
U.S. Mortgage Rates Rise With Improving Job Market
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?
Wells Fargo & Co Chief Executive Officer John Stumpf received $19.8 million in total compensation in 2011, an increase of about 5 percent from the previous year, according to a securities filing on Thursday. U.S. Fed Buys $6.4 Bln Mortgage Bonds, Sells None
The U.S. Federal Reserve bought $6.40 billion in agency mortgage-backed securities from March 8-14, compared with $6.85 billion in the previous week, the New York Federal Reserve said on Thursday. Goldman Sachs Loses $2.15 Billion of Its Market Value
The shares of Goldman Sachs dropped 3.4 percent in New York trading Wednesday, wiping $2.15 billion off its market value following allegations made by a former company executive that the firm took little interest in the clients and was also involved in exploiting them. Foreclosure Filings Down While Home Default Notices Rise in February
The number of Americans receiving delinquency notices on their homes rose in February from January, while the backlog of homes in the foreclosure pipeline showed signs of starting to ease, a report said on Thursday. Citigroup Failure in Fed Test Raises Questions
Citigroup Inc (C.N) on Wednesday stood by its pledge to reward shareholders, as Wall Street sought to understand why the bank failed to win approval from regulators to increase its dividend or buy back stock. Mortgage Rates Follow Bond Yields Higher
Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing mortgage rates moving higher amid positive jobs data and increasing bond yields. Despite the increase, the average 30-year fixed rate mortgage has been below 4.00 percent for 15 consecutive weeks helping to keep homebuyer affordability high. Going After Bank Post-stress Tests
In the carnage of the U.S. financial crisis, a familiar refrain echoed throughout Wall Street as the stock market tried to recover: "The market needs the banks for a healthy rally." Whistleblowers Reap Millions in U.S. $25 Billion Mortgage Settlement
Troubled homeowners are not the only ones set to get a financial lift from the U.S. government's $25 billion landmark mortgage settlement. China PBOC Urges Lending to First-home Buyers
The People's Bank of China (PBOC), the central bank, said Monday thatcommercial banks should put in place a differentiated credit policy to guarantee housing loansto qualified first-home buyers. Watchdog Says Banks Impeded Foreclosure Inquiry
Top banks impeded a federal inquiry into their foreclosure processes, according to a report released Tuesday, dragging their feet on turning over documents and blocking investigators' attempts to interview bank employees.The inquiry led to the wide-ranging $25 billion mortgage settlement with the five largest mortgage servicers that was announced last month and filed in federal court on Monday.
