BLOOMFIELD HILLS, Mich. , Jan. 5, 2012 /PRNewswire/ --
Published News
Regency Square Transferred to the Mortgage Lender
Posted by mortgage 30 days ago (Editorial)
BofA ?Three-Ring Circus? Posts Worst Showing in Dow Average
Posted by mortgage 32 days ago (Editorial)
Bank of America Corp. is this year?s worst performer in the Dow Jones Industrial Average as concern about mounting mortgage losses and a global economic slowdown weighed on the second-biggest U.S. lender.
National Family Mortgage Answers Call for Industry Transparency
Posted by mortgage 11 days ago (Editorial)
BOSTON, MA-- - National Family Mortgage , America's premier peer-to-peer lending solution for home loans between relatives, today announced its support for SlashDeclare, a collaborative movement from innovative ...
Wells Fargo Topples Bank of America to Become Largest U.S. Mortgage Servicer
Posted by mortgage 1 day 23 hours ago (Editorial)
The Bank of America is no longer the nation's biggest mortgage servicer in the U.S., according to the latest report.
Mortgage Rates Bloom This Week Despite Fed's Gloom On Economy
Posted by mortgage 7 days ago (Editorial)
Mortgage rates inched up this week, despite the Fed's latest efforts to hold rates low. Some experts worry that as investors gain confidence in the economy, rates may keep climbing. Others say there's still plenty of bad economic news to keep rates at
Ticking time bomb: Credit default swaps
Posted by mortgage 31 days ago (Editorial)
Warren Buffett once famously described credit default swaps as "financial weapons of mass destruction." Now these complex insurance policies are once again posing a menace to America's too-big-to-fail banks. The last time around, CDS on U.S. subprime mortgage bonds nearly brought down insurer AIG (AIG), requiring an $85 billion bailout from the U.S. Treasury. This time, the problem is European ..
Subpoenas issued to financial firms in expanded probe
Posted by mortgage 7 days ago (Editorial)
The Justice Department issued civil subpoenas to 11 financial institutions as part of a new effort to investigate misconduct in the packaging and sale of home loans to investors, Attorney General Eric ...
2 ex-Credit Suisse employees guilty of mortgage fraud
Posted by mortgage 2 days ago (Editorial)
Two former Credit Suisse executives on Wednesday pleaded guilty to falsely inflating subprime mortgage-related bond prices as the US housing market tanked, authorities said.
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