The Financial Industry Regulatory Authority announced today that it has fined Citigroup Global Markets, Inc. $3.5 million for providing inaccurate mortgage performance info
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FINRA Fines Citigroup Global Markets $3.5 Million for Providing Inaccurate Performance Data Related to Subprime ...
Posted by mortgage 20 hours ago (Editorial)FDIC sues big banks over subprime mortgage losses
Posted by mortgage 20 hours ago (Editorial)
United States deposit insurer FDIC has sued Deutsche Bank and other big financial groups, seeking damages for mortgage losses. The lawsuit is one more attempt to clean up the subprime mortgage scandal.
Finra Fines Citigroup $3.5 Million For Inaccurate RMBS Data
Posted by mortgage 20 hours ago (Editorial)
The Financial Industry Regulatory Authority has fined Citigroup Inc.'s (C) Global Markets group $3.5 million for allegedly posting inaccurate data about deals it was making on mortgage-backed securities during the subprime mortgage and housing market crisis.
Hapoalim files huge U.S. suit over subprime losses
Posted by mortgage 38 days ago (Editorial)
Bank Hapoalim has filed a massive $720 million suit against Bank of America, Merrill Lynch and Countrywide over its losses in the U.S. subprime crisis, alleging that the U.S. institutions misled and defrauded it.
REPORT: The SEC May Be Ready To Sue Goldman For A Subprime Mortgage Deal That Cost Taxpayers $545 Million
Posted by mortgage 50 days ago (Editorial)
What we do know (from the notice) is that the deal being investigated took place in late 2006 and was worth about $1.3 billion. It also said the deal was made of subprime residential mortgage loans.
First Person: 5 Pitfalls of Online Mortgage Calculators
Posted by mortgage 56 days ago (Editorial)
If there were one product or tool I looked upon with utter disdain throughout my real estate career, that product would be an online mortgage calculator, and I'm not the only one. The Wall Street Journal also warns consumers away from mortgage calculators, for a variety of reasons. Certainly, these handy-dandy tools have their place in the home buying process, but that place is nowhere near t
Mortgage Calculator Website to Launch Free Online Mortgage Calculators in April 2012
Posted by mortgage 61 days ago (Editorial)
As of April 2012 the mortgage-calculator.co.uk website plans to launch a series of free online mortgage calculators to aid in the process of securing a mortgage.(PRWEB UK) 22 March 2012 For those looking to take out a mortgage, the first step before even looking into property prices will be to work out the financial aspect. ...
Homebuyers Can Generate Detailed Mortgage Amortization Reports Online At MyMortgageCalculator.org
Posted by mortgage 63 days ago (Editorial)
Homebuyers can now use the Mortgage Payment, Mortgage Affordability, and Rent vs. Buy Calculators online at MyMortgageCalculator.org for free and instantly generate sophisticated and detailed reports with graphical presentation materials,New York, NY (PRWEB) March 21, 2012 Homebuyers can now use the Mortgage Payment, Mortgage Affordability, and Rent vs. Buy Calculators online at ...
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