Finance & Mortgage

Fitch Launches REITs in Brief

Fitch Ratings has published its inaugural edition of 'REITs in Brief' Fitch Ratings has published its inaugural edition of 'REITs in Brief,' a publication that highlights the week that was within Fitch's rated-REIT universe.

Bank of America Announces Agreements in Principle With Federal and State Authorities on Mortgage Matters

Bank of America Corporation today confirmed it has joined the other four largest mortgage servicers in agreeing in principle to the terms of a global settlement resolving federal and state investigations into certain origination, servicing and foreclosure practices. The settlement with 49 state attorneys general, the United States Department of Justice and other federal agencies would extend additional relief to homeowners who are struggling to make mortgage payments and to make refinancing opti...

Foreclosure Settlement: Is it Too Little? Top Negotiator Defends Deal

Officials Thursday detailed a nationwide settlement with five large banks over foreclosure practices. Negotiators defended the deal as a way to give immediate relief to homeowners and victims of foreclosure abuses.