News

Low-Income Hong Kong Families Forced to Live in Tiny Apartments (PHOTOS)

Hong Kong, well known for its high life and dramatic skylines, is hiding a dark secret. Low-income families living in unbearably cramped apartments under the most distressed of conditions, according to an article on the Daily Mail website.

ING Group Selling $2 Billion in Mortgage Bonds from ING Australia Bank, Australia's Fifth Largest Mortgage Lender

ING Group, announced it may sell $2 billion in mortgage bonds from its Australian branch, reported Bloomberg.

Bank of America, JP Morgan, Wells Fargo Hurrying Homeowner Aid After Mortgage Fraud Fiasco; Deadline Feb. 28

Five major banks involved in last year's mortgage fraud are generously completing their requirements in a government settlement and hastening to resolve aid to affected homeowners by the end of this month, reported Bloomberg.