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SEC Trials Increase 50 Percent as Execs Fight Lawsuits

Posted by mortgage 1 day 52 minutes ago (Editorial)
The U.S. Securities and ExchangeCommission, long known for settling enforcement actions withouthaving to prove its case in court, is struggling to cope with aa surge in the number of executives and companies ...
SINGAPORE/HONG KONG (Reuters) - Royal Bank of Canada and Credit Suisse are among suitors who have put in initial bids to buy the non-U.S. wealth management business of Bank of America in a deal that could be worth about $2 billion, sources said. Swiss bank Julius Baer was also keen to bid for some of BofA's units in Europe, the Middle East, Latin America and Asia excluding Japan, the sources

Three major banks cut mortgage rates

Posted by mortgage 6 days ago (Editorial)
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...
RICHMOND, Va., May 7, 2012 /PRNewswire/ --
It's been a little less than three months since President Barack Obama announced the creation of a new task force to investigate the mortgage and banking industries that wrecked the economy, but some liberal activists are already declaring the effort a "sham."
Consumers put the most trust in banks, slightly more than credit unions, when seeking a mortgage. Each is trusted far more than other lender types, such as government institutions, by consumers shopping for a mortgage loan, according to a recent FreeScore.com survey. Results revealed about 1 in 3 respondents trusted banks the most, and less than 1 in 3 trusted credit unions most. Surprisingly ...
Americas Watchdog's Homeowners Consumer Center has endorsed American Interbanc as the go to mortgage lender, that offers the best interest rates, and best mortgage fee structure in the nation, for six consecutive years. According to Homeowners Consumer Center, "If you are a homeowner, or home buyer in Pennsylvania, with extremely good credit, and verifiable income, we are endorsing Ameri
Americas Watchdog's Homeowners Consumer Center has endorsed American Interbanc as the go to mortgage lender that offers the best interest rates and best mortgage fee structure in the nation for six consecutive years. According to Homeowners Consumer Center, "We are strongly encouraging all homeowners and/or home buyers with very good credit and verifiable income in New Jersey to compare

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