MORTGAGE

Mortgage Rates Fall On Poor Job Growth: Bankrate.com Report

Mortgage rates fell this week over disappointing March job growth numbers, uncertainty about the ongoing debt crisis in Europe, and slower projected growth in corporate earnings, Bankrate.com reported Thursday in its weekly national survey.

AIG Returns To U.S. Real Estate Investment

American International Group Inc., the beleagued insurance company that was brought to its knees by the subprime mortgage collapse, is re-entering U.S. real estate investment later this year.

U.S. Mortgage Applications Drop 2.4%: MBA

U.S. mortgage applications dropped 2.4 percent on a seasonally adjusted basis in the week ended April 6, compared to the prior week, the Mortgage Bankers Association said Wednesday.

Stock Futures Signal Gains For Equities

Stock futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.1 to 0.3 percent.

NY pushes objection to BofA $8.5 billion mortgage pact

Bank of America Corp's proposed $8.5 billion mortgage bond settlement received fresh opposition on Tuesday from New York's attorney general, who said the accord appears unfair to investors who may deserve to recover more.

Housing secretary pushes mortgage write-downs

The Obama administration wants Fannie Mae and Freddie Mac, which finance the bulk of U.S. mortgages, to start reducing loan balances for troubled borrowers, but with safeguards to prevent them from purposely defaulting to obtain relief.

Federal Judge Approves $25B Mortgage Pact

A federal judge approved a $25 billion mortgage settlement with five top U.S. banks over allegations of foreclosure abuses and misconduct in servicing home loans, according to court documents.

Pages

IBTimes Logo

Federal judge approves $25 billion mortgage pact

A federal judge approved a $25 billion mortgage settlement with five top U.S. banks over allegations of foreclosure abuses and misconduct in servicing home loans, according to court documents.
Newt Gingrich

Gingrich Consulting Firm Files For Bankruptcy

The Gingrich Group LLC, a consulting firm whose work repeatedly ensnared Newt Gingrich's presidential campaign in controversy, has filed for Chapter 7 Bankruptcy, the Atlanta Business Chronicle reported.
EDITOR'S PICK