Finance & Mortgage

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.