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Britain?s biggest mortgage lender yesterday increased its rates, despite the Bank of England keeping the base rate at 0.5 per cent for the 38th month in a row.
A Tunkhannock couple's breach-of-contract lawsuit against a bank in a clash over a home mortgage modification could set a new legal baseline in Pennsylvania.

Giant Mortgage Settlement Filed In Court

Posted by mortgage 71 days ago (Editorial)
Get Business Mobile Text Alerts The landmark, $25 billion mortgage foreclosure settlement with five major home mortgage servicers, which includes more than $190 million in aid for Connecticut homeowners, was filed in federal court in Washington D.C.
US-owned mortgage giant Freddie Mac is holding billions of dollars in investments that only pay off if homeowners remain locked into high interest rates, a media investigation has found.
By: David Cote Boston College Trustee and Adjunct Professor Richard Syron , BC '66, was recently named in a lawsuit made by the Securities and Exchange Commission (SEC), accusing

Giant Eurobank accused of gouging US consumers

Posted by mortgage 165 days ago (Editorial)
The U.S. arm of Europe?s largest bank, Banco Santander S.A., is accused in a flurry of lawsuits of violating consumer laws by hounding Americans after purchasing their auto loans. Msnbc.com's Bob Sullivan has the story.
Listen to the Audio JEFFREY BROWN: Next, how a mortgage giant with a public purpose helped inflate the housing bubble in the lead-up to the financial crisis. It's the subject of a new book. And NewsHour economics correspondent Paul Solman has the story, part of his continuing reporting Making Sense of financial news. PAUL SOLMAN: The Washington home of Fannie Mae. This so-called government ...

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