Finance & Mortgage
JP Morgan, Credit Suisse Settle SEC Cases for $417 Million
Mortgage Delinquency Rate Falls in Third Quarter
Bernanke: Housing Not Yet Out of the Woods
EDITOR'S PICKS
-
Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
-
Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
-
How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
-
What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
About $15.8 billion in mortgage relief is making its way to 164,000 Bank of America Corp customers under a landmark settlement with state and federal officials, the bank said on Wednesday. Bank of Ireland Raises 1 Billion EUR in 'Milestone' Issue
Bank of Ireland on Tuesday raised 1 billion euros ($1.27 billion) in its most significant bond issue in over three years, a move the country's finance minister described as a milestone for Ireland's battered banking sector. Deutsche Bank Loses Bid to End U.S. Mortgage Lawsuit
A U.S. judge on Monday rejected Deutsche Bank AG's bid to dismiss a federal regulator's lawsuit accusing it of misleading Fannie Mae and Freddie Mac into buying billions of dollars of risky mortgage debt. PIMCO Flagship Fund Raises Treasury Holdings, Trims Mortgages
PIMCO Total Return Fund, which is run by Bill Gross and ranks as the world's largest mutual fund, increased its exposure to U.S. government debt while continuing to trim mortgage holdings in October, data from the company's website showed on Friday. BOFA's Merrill Loses Bid to End FHFA Mortgage Lawsuit
Merrill Lynch, part of Bank of America Corp, on Thursday lost its bid to dismiss a federal regulator's lawsuit accusing it of misleading Fannie Mae and Freddie Mac into buying billions of dollars of risky mortgage debt. Mortgage Applications Down as Sandy Hit Northeast
Applications for home mortgages fell last week as Superstorm Sandy battered the East Coast and disrupted normal business activity for millions of people, an industry group said on Wednesday. HSBC Eyes Sale of U.S. Loans to Speed Reshaping
HSBC is nearing the sale of more than $6 billion of U.S. mortgages and other personal lending as part of its accelerated run-down of its troubled U.S. loans book. From Bankers to Cage-Dwellers, KH Feels Property Price Squeeze
In a cramped space on the fifth floor of an old industrial building in Hong Kong, Huang Shaochang and his wife live in some of the priciest real estate per square foot in the world - a 35-square feet room with a bunk bed and small TV. MetLife to Sell Mortgage Servicing Portfolio to JP Morgan
MetLife Inc, the largest U.S. life insurer, said it will sell MetLife Bank's mortgage servicing portfolio to a unit of JPMorgan Chase & Co for an undisclosed amount, as it looks to exit its bank holding structure. Mortage Applications Down, Refinancing Demand Slows
Applications for home mortgages fell last week as demand for refinancing tumbled for the fourth week in a row, an industry group said on Wednesday, although other recent data has indicated the housing market is improving.
