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U.S. mortgage applications tumble as interest rates jump -MBA
ReutersNEW YORK, May 22 (Reuters) - Applications for U.S. home mortgages dropped for a second week in a row last week as a spike in interest rates stymied demand for refinancing, data from an industry group showed on Wednesday. The Mortgage Bankers...Tags: Money and Monetary Policy, Finance, Economy, Business and Finance
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Too soon to dial back Fed stimulus: Dudley
Reuters(Reuters) - It is too soon to determine whether to dial down the Federal Reserve's massive bond-buying program, and the economic picture may not be clear enough to make that decision for another three or four months, an influential U.S. central bank...Tags: Economy, Employment, Employment Opportunities, Money and Monetary Policy, Prices
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YOUR MONEY-Women edge out men in handling credit -Experian
ReutersBy Mitch Lipka May 22 (Reuters) - When it comes to managing credit, American women have a slight edge over men, according to a study of credit reports by the credit report agency Experian Plc . Experian looked at 750,000 credit reports, a sample of what... -
Women edge out men in handling credit -Experian
Reuters(Reuters) - When it comes to managing credit, American women have a slight edge over men, according to a study of credit reports by the credit report agency Experian Plc. Experian looked at 750,000 credit reports, a sample of what it collected...Tags: Washington, DC
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BofA, JPMorgan say they have fulfilled mortgage settlement terms
Bank of America Corp. and JPMorgan Chase & Co. say they have satisfied their obligations to help troubled borrowers under last year's landmark mortgage settlement with state and federal officials. Another bank that signed the settlement, Wells Fargo &...
Tags: Investments, Bank of America Corp., General Motors Acceptance Corporation, Banking, Consumers
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Wolcott Man Pleads Guilty In Mortgage Fraud Scheme
The Hartford CourantA Wolcott man pleaded guilty in federal court on Tuesday to charges stemming from a mortgage fraud scheme, the U.S. Attorney's Office said. Daniel Monteiro, 34, pleaded guilty to one count of conspiracy to commit bank fraud, wire fraud, and money...Tags: Punishment, Trials
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Grant to help neighborhoods hit by foreclosure, subprime lending
cj.lovelace@herald-mail.comWashington County has been awarded a $715,000 state grant for housing counseling, foreclosure prevention and other housing programs, a county official told the Board of Commissioners on Tuesday. Jim Hovis, director of the county’s Office of...Tags: Hagerstown (Washington, Maryland), Financial and Business Services, Douglas F. Gansler, Interior Policy, Politics
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Floridians get so far more than $8.6B from mortgage settlement
Sun SentinelThe historic settlement involving the nation's five largest mortgage lenders has so far helped nearly 112,000 struggling Florida homeowners for an average $77,341 in relief, according to a new report released Tuesday. The relief so far totals more...Tags: Pam Bondi, Bank of America Corp., Banking, JPMorgan Chase & Co., Human Interest
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Mortgage settlement brings relief to 25K in Illinois
Tribune reporterMore than 25,000 Illinois residents have received approximately $1.8 billion from the landmark national mortgage settlement, but servicer compliance with the pact remains an issue for several companies, according to a report from the settlement's...Tags: Bank of America Corp., Consumers, Financial and Business Services, Citigroup Incorporated
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Wealth lost in Orlando's foreclosure crisis: $720 million
Orlando has lost an estimated $720 million in wealth since the peak of the real estate market, particularly among low-income families, as a result of the area's wave of foreclosures, a national housing nonprofit reported Tuesday. The findings by the...
Tags: Rick Scott, Services and Shopping, Real Estate, Financial and Business Services
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Ex-strategist can sue UBS as whistleblower: U.S. judge
ReutersNEW YORK (Reuters) - UBS AG lost a bid Tuesday to dismiss a whistle-blower lawsuit by a former commercial mortgage-backed securities strategist who said he was fired for refusing to publish misleading research reports. U.S. District Judge Jesse Furman in...Tags: Securities, U.S. Congress, Labor Legislation, Crime, Law and Justice, Career and Workplace
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Canada bank regulator says watching housing risk, pleased so far
ReutersBy Andrea Hopkins TORONTO, May 21 (Reuters) - Canada's top banking regulator said on Tuesday she is focused on the risk Canada's big banks face from low interest rates and real estate lending, but is happy that the housing market is moving into more...Tags: Toronto (Canada), Money and Monetary Policy, Homes, Finance, Politics
May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Hartford Courant
May 21, 2013
|Story| Herald Mail
May 21, 2013
|Story| South Florida Sun-Sentinel
May 21, 2013
|Story| Chicago Tribune
May 21, 2013
|Story| Orlando Sentinel
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
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