Finance & Mortgage
SEC Demands Wells Fargo Comply With Subpoenas
Fannie, Freddie See Cost Savings In Mortgage-Principal Cuts
Dartmouth President Jim Yong Kim: World Bank Nominee, Five Facts About Him
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?
- The United States picked a public health expert of South Korean origin as its candidate for the World Bank presidency, a job emerging market economies are contesting for the first time. 
- Jeffrey Sachs Withdraws World Bank Nomination- U.S. economist Jeffrey Sachs is withdrawing his nomination to lead the WorldBank in support of the U.S. nominee Jim Yong Kim, his spokeswoman said on Friday. 
- World Bank Presidency : Three-way Race As Deadline Looms- The United States faces an unprecedented challenge to its grip on the World Bank presidency, with emerging economies poised to nominate at least one candidate on Friday to set up the first contested bid for the top job at the global development lender. 
- Women’s Group Knocks Summers’ World Bank Presidency Prospects- A woman’s group has mounted spirited opposition to a prospective nomination of former Secretary of the Treasury Lawrence Summers, 57, to be president of the World Bank. 
- World Bank President? Ngozi Okonjo-Iweala or Jose Antonio Ocampo ?- Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are set to be nominated to lead the World Bank, sources with knowledge of emerging market efforts to find candidates said on Tuesday. 
- China Cuts Ag Bank's Reserve Ratio To Combat Slow Growth- The reserve requirement for 379 branches of state-run Agricultural Bank of China Ltd., the country's third-biggest lender, will decline by two percentage points below that of other Chinese banks. 
- Spanish banks' higher real estate cover: A big but necessary step forward- Fitch Ratings says in a newly-published report that the new coverage levels for real estate (RE) assets required by the Spanish government is a big but necessary step forward and there are significant challenges ahead. 
- 30-Year Fixed Mortgage Rate Clears 4%: Freddie Mac- Interest rates on the 30-year, fixed-rate mortgage rose above 4 percent for the first time since October 2011, following increases in bond yields, Freddie Mac reported. 
- Fed Fining Eight More Home Mortgage Lenders In Robo-Signing Scandal- The Federal Reserve plans to fine eight more bank holding companies for improper home mortgage foreclosures, the latest fallout from the so-called robo-signing scandal in which banks filed foreclosure documents without verifying their accuracy. 
- Apple's Cook Finally Shares $98 Billion Cache- Apple Inc CEO Tim Cook, moving swiftly after taking over from the late Silicon Valley icon Steve Jobs, fulfilled a longstanding desire of investors by initiating a quarterly dividend and share buyback that will pay out $45 billion over three years.