Current News On Real Estate, Finance, and Business.
|
Citigroup to pay $75 million to settle SEC charges
(Reuters)
Thu, 29 Jul 2010 20:51:37 GMT
Summary Box: Mortgage rates hit low of 4.54 pct. (AP) Thu, 29 Jul 2010 20:25:55 GMT AP - RATES KEEP FALLING: Mortgage company Freddie Mac said the average rate for 30-year fixed loans this week was 4.54 percent, down from 4.56 last week. Mortgage rates hit low of 4.54 percent (AP) Thu, 29 Jul 2010 20:09:31 GMT
Citigroup paying $75M to settle civil charges (AP) Thu, 29 Jul 2010 19:32:43 GMT AP - Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007. Citigroup settles charges over misleading investors (AFP) Thu, 29 Jul 2010 19:00:15 GMT
(AP) Thu, 29 Jul 2010 14:01:08 GMT AP - Mortgage rates drop to 4.54 pct., hitting lowest level on record for fifth time in six weeks. Foreclosures up in 75 percent of top U.S. metro areas (Reuters) Thu, 29 Jul 2010 11:48:42 GMT
France Telecom first half net profit up 45 pct (AP) Thu, 29 Jul 2010 07:53:43 GMT AP - France Telecom SA said Thursday that first half net profit rose 45 percent due to a one-off gain, although revenue and margins were eroded by regulatory costs and competition in the home market in France. Foreclosure activity up across most US metro areas (AP) Thu, 29 Jul 2010 07:29:06 GMT
|
Calif. revokes real estate licenses at record pace
(AP)
Thu, 29 Jul 2010 01:05:04 GMT AP - The California Department of Real Estate said Wednesday it revoked a record number of real estate licenses in its most recently completed fiscal year. Mortgage lenders must register in database (AP) Wed, 28 Jul 2010 21:52:52 GMT AP - Loan officers at banks will be required to provide their names and fingerprints to a national database as part of an effort to crack down on shady operators who fed the real estate bubble. Treasury says latest mortgage-aid report flawed (AP) Wed, 28 Jul 2010 20:46:59 GMT AP - The Obama administration is revising the latest report on its troubled mortgage-relief program, and the changes are likely to show a greater number of borrowers facing foreclosure after having their loans modified. Summary Box: Mortgage applications down percent (AP) Wed, 28 Jul 2010 19:47:36 GMT AP - MORTGAGE APPLICATIONS DOWN: Applications for home loans fell 4.4 percent last week despite the lowest mortgage rates in decades, according to the Mortgage Bankers Association. Fed says some districts report slowing economy (Reuters) Wed, 28 Jul 2010 19:38:43 GMT
Mortgage brokers to be fingerprinted and registered (Reuters) Wed, 28 Jul 2010 16:44:25 GMT
Mortgage applications fall 4.4 percent last week (AP) Wed, 28 Jul 2010 13:30:13 GMT AP - Applications for home loans fell last week despite the lowest mortgage rates in decades. Mortgage demand dips on rising rates (Reuters) Wed, 28 Jul 2010 11:37:06 GMT
What's next for housing finance, Fannie and Freddie? (McClatchy Newspapers) Tue, 27 Jul 2010 21:06:00 GMT McClatchy Newspapers - WASHINGTON — With the overhaul of financial regulation in the bag, the Obama administration Tuesday said it'll focus next on housing finance — another key cause of the recent deep economic downturn — with an eye to deciding the fate of mortgage finance titans Fannie Mae and Freddie Mac. Summary Box: Conference on Fannie, Freddie (AP) Tue, 27 Jul 2010 19:01:04 GMT AP - CONFERENCE SCHEDULED: The Obama administration will hold a conference Aug. 17 to discuss the future of government-sponsored mortgage buyers Fannie Mae and Freddie Mac, which almost collapsed nearly two years ago. Treasury to hold conference on Fannie, Freddie (AP) Tue, 27 Jul 2010 18:49:48 GMT AP - The Obama administration, which has been under fire for not developing a concrete plan for mortgage giants Fannie Mae and Freddie Mac, says it will hold a conference next month to discuss their future. |
