Finance & Mortgage
A Tough Bonus Season Looms for Wall Street and New York
Citigroup CEO Vikram Pandit Receives Total Compensation of $14.9 Million for 2011
Fannie, Freddie Regulator Slashes Executive Pay
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 average rate on the benchmark 30-year fixed mortgage rate rose slightly to 4.11 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.39 discount and origination points. Retirement Planning: How Low Must Retirement Withdrawals Go?
After a lifetime of diligently saving, retirees are faced with a new question: How much can they take out during retirement? Mortgage Applications Dipped Last Week : MBA
Applications for U.S. home mortgages dipped last week as refinance demand sagged, though activity in home purchases picked up, an industry group said on Wednesday. Justice Dept. Casts Wide Net with Mortgage Subpoenas
A U.S. Justice Department inquiry into the packaging and sale of home loans by the biggest U.S. banks casts a wide net and appears to significantly overlap with other enforcement efforts, according to people who have viewed subpoenas sent to the firms. Chines Banks Lower Rates For First-Home Buyers
Chinese banks have begun offering preferential loan rates for first-home buyers, the official China Securities Journal said on Monday, signaling that Beijing is relaxing its grip on the property sector after a near two-year clampdown. Stockton, California's impact on muni landscape
Last week the Stockton, California, city council approved a plan to default on about $2 million of debt payments in an effort to avoid becoming the largest U.S. city to file for bankruptcy. NAHB Sees Expanded Role for Federal Home Loan Banks in Housing Reform
The National Association of Home Builders released its blueprint for housing finance reform that it said will transition Fannie Mae and Freddie Mac into a new private-sector securitzation system. Home Builders Announce Housing Finance System Reform Plan
The National Association of Home Builders (NAHB) today announced a new comprehensive framework for housing finance system reform that would transition Fannie Mae and Freddie Mac to a new mortgage securitization system for single-family and multifamily conventional mortgages. Moody's Downgrades Wells Fargo Servicer Rating on Loan Performance
The deteriorating performance of certain prime and subprime loans serviced by Wells Fargo ($31.54 0.25%) prompted Moody's Investors Service to downgrade the bank's servicer ratings. Foreclosure Sales a Sign of What's to Come
Foreclosure-related sales rose in the last quarter of 2011 but fell slightly year-over-year, according to RealtyTrac's latest U.S. foreclosure sales report.
