Finance & Mortgage
Citigroup Failure in Fed Test Raises Questions
Mortgage Rates Follow Bond Yields Higher
Going After Bank Post-stress Tests
EDITOR'S PICKS
-
Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
-
Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
-
How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
-
What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
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. Michigan to Present Detroit Consent Agreement on Tuesday
JPMorgan Chase & Co is paying the federal government $45 million to settle a lawsuit alleging it charged veterans hidden fees in mortgage refinancing. JPMorgan paying $45 million to settle mortgage suit
JPMorgan Chase & Co is paying the federal government $45 million to settle a lawsuit alleging it charged veterans hidden fees in mortgage refinancing. Mortgage Deal : Government Promises Tough Oversight
The government released the fine print of its landmark $25 billion mortgage settlement, and promised to closely police the banks' pledges to bring widespread housing relief, even while letting them dodge admission of wrongdoing. Citigroup Could Be Surprise Winner in Stress Tests
Citigroup Inc may be a surprise winner when the Federal Reserve reveals the results of bank stress tests designed to gauge the health of the biggest U.S. banks. US to closely police banks in mortgage settlement
* Previously announced pact filed in federal court * Banks commit to $25 bln, much as mortgage relief* Ally Financial negotiated reduced penalty - sources* Federal officials tout strong enforcement mechanism Taylor Wimpey Starts FY 2012 with Encouraging Patterns; HSBC assigns 'Overweight' Rating
Taylor Wimpey, the homebuilding company, says that it is too early to judge the market for the year as a whole, but the early weeks of trading in 2012 have followed the encouraging patterns of the second half of 2011, with good visitor levels, healthy reservations and low cancellations. Gold Price Turns Nearly 1% Higher After U.S. Jobs Data
Gold rose nearly 1 percent in heavy trading on Friday, reversing early sharp losses, lifted by higher crude oil and U.S. equities' following an encouraging U.S. job report.
