Finance & Mortgage
Goldman Sachs Loses $2.15 Billion of Its Market Value
Foreclosure Filings Down While Home Default Notices Rise in February
Citigroup Failure in Fed Test Raises Questions
EDITOR'S PICKS
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Top 1,000 Brokerages Reveal Which Real Estate Firms Are Surviving — And Growing — In The Current Recessionary Market
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Shohei Ohtani And His Agent Settle Hawaii Lawsuit Over Alleged Sabotage Of $240 Million Real Estate Project
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James Corden Locked In Bitter Fight With London Council Over Paving Changes At His $22 Million Heritage Home
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Mortgage Rates Jump Back Above 6% After Iran Strikes Push Oil Prices And Treasury Yields Higher
Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing mortgage rates moving higher amid positive jobs data and increasing bond yields. Despite the increase, the average 30-year fixed rate mortgage has been below 4.00 percent for 15 consecutive weeks helping to keep homebuyer affordability high. Going After Bank Post-stress Tests
In the carnage of the U.S. financial crisis, a familiar refrain echoed throughout Wall Street as the stock market tried to recover: "The market needs the banks for a healthy rally." Whistleblowers Reap Millions in U.S. $25 Billion Mortgage Settlement
Troubled homeowners are not the only ones set to get a financial lift from the U.S. government's $25 billion landmark mortgage settlement. China PBOC Urges Lending to First-home Buyers
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
