News
China PBOC Urges Lending to First-home Buyers
EU, U.S., Japan Launch Rare Earth WTO Case Against China
NYU Law School Buys $3.6M UWS Condo For Faculty Housing [PHOTOS]
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?
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. BP Settles With Alabama City For $6.5 Million
The City of Gulf Shores, Ala., announced a settlement with British oil company BP (NYSE: BP) for future losses incurred by the 2010 Gulf of Mexico Deepwater Horizon oil spill. 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. Joe Paterno,Spanier Fired For "Failure of Leadership" Penn St. Board Says
Penn State's Board of Trustees on Monday defended its firing of legendary football coach Joe Paterno and the university's president, saying they showed a "failure of leadership" in not doing more when alerted to suspicions of child sexual abuse by former assistant coach Jerry Sandusky. Top 10 Most Competitive Cities in The World by Citigroup
Housing more than half of the world's population and producing 80% of global GDP, cities are more important than ever before to the world's societal and economic development. Recognizing the rapid growth of the city as an economic driver, Citigroup has made a ranking of the world's most competitive cities. Britain’s Most Expensive House Sold for £120m
Unamed Ukrainian makes Hanover Lodge in Regent’s Park most expensive home in UK Hanover Lodge in Regent's Park, central London, is set to become the most expensive house in Britain when it is sold in the next few days for £120m. Banks, miners boost FTSE ahead Fed meeting, US data
Banks and miners were firmer at midday on Tuesday as FTSE 100 neared 2012 highs ahead of a U.S. Fed meeting and U.S. consumer data, while insurers supported the gains after results from Prudential and Standard Life . Global Billionaires Settling in New Zealand
New Zealand is becoming a favourite dwelling place for billionaires around the world, the New Zealand Herald reports. The Herald lists American Facebook billionaire Peter Thiel, Russian steel billionaire Alexander Abramov, and New York Empire State Building’s Tony Malkin as among those who have recently been drawn to New Zealand. All change in the Spanish property lending market
Spanish Prime Minister Mariano Rajoy is on a clean up mission to try to put his country's mortgage market back on track.Gone are the days when local newspapers had adverts offering fake P60s for credit purposes but it could take some time for the lending industry to become more mature, according to experts.
