Finance & Mortgage
Clinton Portis, former NFL star, sells Miami condo to avoid foreclosure
Vornado Realty Trust to spin off shopping strip into new REIT
UK housing market gathers pace in March
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, the biggest U.S. mortgage lender, reported a higher-than-expected 14 percent rise in first-quarter net profit, as a series of one-time gains helped offset the continued slowdown in its home loan business. JPMorgan profit weaker than expected as trading revenue falls
JPMorgan Chase & Co posted far weaker-than-expected quarterly profit as uncertainty about the U.S. economy weighed on investor trading volumes and consumer borrowing. Canadian new housing prices remain tame in February
The price of new Canadian homes rose 0.2 percent in February from January, topping expectations of a 0.1 percent gain after January's 0.3 percent increase, according to Statistics Canada data on Thursday. Wall Street dips after rally, biotechs drag Nasdaq
U.S. stocks dipped on Thursday, with the Nasdaq underperforming other major indexes, as investors once again rotated into defensive names and sold momentum-driven stocks. Fannie and Freddie add-on fees hampering home buying
The add-on fees charged on home loans by Fannie Mae and Freddie Mac, the two government-backed mortgage giants, are hampering new home buyers and doubling expenses for consumers, critics claim. Momentum stocks sell off for second day; Nasdaq down 2 percent
The Nasdaq tumbled more than 2 percent on Friday as momentum stocks like Netflix and TripAdvisor sold off for a second straight session. Fed survey: U.S. dealers see more private-label mortgage security demand
Big Wall Street firms have seen demand for private-label mortgage-backed securities pick up over the last few months, according to a survey released by the Federal Reserve on Thursday. Bank of England says lenders expect to expand supply of credit to households, businesses
British lenders expect the availability of mortgages and business loans to pick up significantly in the second quarter of this year, a Bank of England survey showed on Thursday. Cuba Gooding Jr. sells Pacific Palisades home for $10 million
Cuba Gooding Jr., Academy Award-winning actor known for his portrayal of Rod Tidwell in "Jerry Maguire," has just sold his 6,753-square-foot Pacific Palisades mini-estate for $10 million, reports TMZ. Bank of England's Andrew Bailey says no let-up over bank capital levels
Banks still need to be persuaded that well-capitalized lenders are important to economic growth, Bank of England Deputy Governor Andrew Bailey said on Monday, but Britain's regulators will keep up the pressure to boost capital levels.
