Finance & Mortgage
Mortgage Rates Follow Bond Yields Higher
Going After Bank Post-stress Tests
Whistleblowers Reap Millions in U.S. $25 Billion Mortgage Settlement
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?
- The People's Bank of China (PBOC), the central bank, said Monday thatcommercial banks should put in place a differentiated credit policy to guarantee housing loansto qualified first-home buyers. 
- Watchdog Says Banks Impeded Foreclosure Inquiry- Top banks impeded a federal inquiry into their foreclosure processes, according to a report released Tuesday, dragging their feet on turning over documents and blocking investigators' attempts to interview bank employees.The inquiry led to the wide-ranging $25 billion mortgage settlement with the five largest mortgage servicers that was announced last month and filed in federal court on Monday. 
- Michigan to Present Detroit Consent Agreement on Tuesday- JPMorgan Chase & Co is paying the federal government $45 million to settle a lawsuit alleging it charged veterans hidden fees in mortgage refinancing. 
- JPMorgan paying $45 million to settle mortgage suit- JPMorgan Chase & Co is paying the federal government $45 million to settle a lawsuit alleging it charged veterans hidden fees in mortgage refinancing. 
- Mortgage Deal : Government Promises Tough Oversight- The government released the fine print of its landmark $25 billion mortgage settlement, and promised to closely police the banks' pledges to bring widespread housing relief, even while letting them dodge admission of wrongdoing. 
- Citigroup Could Be Surprise Winner in Stress Tests- Citigroup Inc may be a surprise winner when the Federal Reserve reveals the results of bank stress tests designed to gauge the health of the biggest U.S. banks. 
- US to closely police banks in mortgage settlement- * Previously announced pact filed in federal court * Banks commit to $25 bln, much as mortgage relief* Ally Financial negotiated reduced penalty - sources* Federal officials tout strong enforcement mechanism 
- Taylor Wimpey Starts FY 2012 with Encouraging Patterns; HSBC assigns 'Overweight' Rating- Taylor Wimpey, the homebuilding company, says that it is too early to judge the market for the year as a whole, but the early weeks of trading in 2012 have followed the encouraging patterns of the second half of 2011, with good visitor levels, healthy reservations and low cancellations. 
- Gold Price Turns Nearly 1% Higher After U.S. Jobs Data- Gold rose nearly 1 percent in heavy trading on Friday, reversing early sharp losses, lifted by higher crude oil and U.S. equities' following an encouraging U.S. job report. 
- Stock Futures Point to Lower Wall Street Open- Stock index futures pointed to a lower open for equities on Wall Street on Monday, with futures for theS&P 500, the Dow Jones and the Nasdaq 100 falling 0.2 to 0.3 percent.