(WASHINGTON)The May reading of an index that tracks pending U.S. home sales is forecast to dip after posting an unexpected increase a month earlier. The National Association of Realtors' repor...READ MORE
(WASHINGTON)The pace of the mortgage industry's efforts to assist troubled borrowers declined in May, as critics questioned lenders' progress in aiding U.S. homeowners facing foreclosure.READ MORE
(WASHINGTON)Industry data to be released Wednesday will show whether home loan applications fell for the third straight week as mortgage rates continued to rise. The Mortgage Bankers Associati...READ MORE
(CHARLOTTE, N.C.)Bank of America Corp. completed its purchase of Countrywide Financial Corp. Tuesday, making the Charlotte-based bank the nation's leading mortgage originator and servicer.READ MORE
(TALLAHASSEE, Fla.)Florida's attorney general alleged Tuesday that Countrywide Financial Corp., the nation's largest mortgage lender, engaged in deceptive practices that left borrowers in the...READ MORE
(CHICAGO)Fitch Ratings said Tuesday it maintained its ratings on Countrywide Financial Corp. after Bank of America Corp. completed its acquisition of the mortgage lender.READ MORE