Finance & Mortgage
Citigroup Pays $7 Billion to Settle Faulty Mortgage Probe
London Home Prices Falling as Government Steps in with Property Curbs
Chinese Cities Easing Housing Curbs to Boost Sluggish Property 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?
Home prices have been accelerating for some time now in the U.S. but this time, the growth is broad and across several states, which is a reflection of a wider economic and housing market recovery. Empire State Building Owners Ask Judge to Dismiss Lawsuit over REIT Dispute
The Malkin Family, owners of the iconic Empire State building, which is the centerpiece of the Empire State Realty Inc., has asked the judge in charge of an infamous shareholder-dispute case to dismiss the lawsuit filed against them. Mortgage Rates for 30-Year Loans Slip for Straight Third Week
Mortgage rates in the U.S. for 30-year loans slipped straight third week and lowered the borrowing costs. Average U.S. Mortgage Rates Decline after Rising for two Consecutive Weeks
The average mortgage interest rates in the U.S. fell after rising for two consecutive weeks with fixed rates declining lower than the figures recorded at the same time last year, according to Freddie Mac - the government-backed lending giant's weekly survey. U.S. Housing Recovery Has Got Catching Up to Do, Says Fannie Mae
After a depressing first few months of 2014, the housing market is finally picking up pace. However, the growth will be slow and the figures will barely manage to catch up with last year's numbers, Fannie Mae announced in its June economic forecast report. U.S. Existing Home Sales Picked Up in May
Existing home sales in the U.S. went up across all regions in May. There was improvement in inventory growth and slight price rise was also noticed - all indicating towards a better, stabilizing housing market. US Justice Department Urges Citigroup to Raise Securities Settlement Offer
The U.S. Justice Department is urging Citigroup Inc. to raise its settlement offer in a long running probe that found the bank guilty of selling faulty mortgage securities that eventually led to the country's economic crash. Fixed Mortgage Rates Rise for Second Week
Fixed mortgage rates in the United States went up for the second consecutive week after the country posted good job data and better treasury yields, Freddie Mac - the government backed lending giant - announced Thursday. George Osborne Authorizes Bank of England to Control Britain’s Hot Property Market
George Osborne, the British finance minister, gave the Bank of England full authority to introduce new measures directed towards cooling Britain's overheated real estate market. Officials believe that if prices continue to soar at the current rate, the economy could crumble down like a house of cards. Google and Amazon would make great mortgage bankers: Study
A new study conducted by Accenture, a leading global consultancy firm, found that tech giants like Google, Facebook, Apple and Amazon would make great profits out of a banking business, if they entered the commercial finance sector.
