Finance & Mortgage

Mortgage Applications Fall; Rates Ease: MBA

Applications for home mortgages faded last week after as demand for refinancing declined, an industry group said on Wednesday.

NY Pushes Objection to BofA $8.5 BIL Mortgage Pact

Bank of America Corp's proposed $8.5 billion mortgage bond settlement received fresh opposition on Tuesday from New York's attorney general, who said the accord appears unfair to investors who may deserve to recover more.

Consumer Watchdog Considers Rules on Mortgage Servicing

The new U.S. consumer watchdog plans to issue rules this summer to crackdown on the practice of banks and other lenders forcing expensive homeowners insurance on borrowers.