Westpac has moved to cut some of its advertised fixed-term mortgage interest rates, on the heels of cuts by Kiwibank earlier in the day, matching the state owned bank's new market low offers over two and three years. And late in the...
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Three major banks cut mortgage rates
Posted by mortgage 6 days ago (Editorial)
Major Chinese banks relax mortgage rates for first-timers
Posted by mortgage 63 days ago (Editorial)
Major banks in China have started to lower mortgage rates for first-time home buyers, following a year of hovering above the benchmark lending rate.
Major Bank Gives Home Buyers Mortgage Aid
Posted by mortgage 109 days ago (Editorial)
Wells Fargo transformed an L.A. convention center room into a neighborhood for would-be home buyers Friday. The bank?s pilot program is awarding up to $15 million in grants to qualified first-time and returning...
Zaio Signs Agreement With Major National Lender Platform
Posted by mortgage 163 days ago (Editorial)
CALGARY, ALBERTA-- - Zaio Corporation , today announced that it's partner in the United States, Zone Data Systems LLC has entered into a multi-year Reseller Agreement with one of the top three financial ...
U.S. Sues Major Mortgage Broker Over Lending Fraud
Posted by mortgage 203 days ago (Editorial)
The government says Allied Home Mortgage was "reckless" with its lending practices and that cost the government $834 million in insurance claims.
US sues major banks over subprime bond loss of near $200bn
Posted by mortgage 259 days ago (Editorial)
A US regulator has sued more than a dozen major banks over losses on nearly $200bn of subprime bonds, which may hamper a broader government settlement of the mortgage mess left over from the housing crisis.
Major banks sued over mortgages
Posted by mortgage 263 days ago (Editorial)
A Us regulator sued 17 large banks and financial institutions yesterday over losses on about $200 billion of subprime bonds, which may hamper a broader government settlement of the mortgage mess left over from the housing crisis. The lawsuits by the Federal Housing Finance Agency, which oversees Fannie Mae and...
U.S. regulator sues major banks over subprime bonds
Posted by mortgage 263 days ago (Editorial)
WASHINGTON/NEW YORK (Reuters) - A U.S. regulator sued 17 large banks and financial institutions on Friday over losses on about $200 billion of subprime bonds, which may hamper a broader government settlement of the mortgage mess left over from the housing crisis.
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