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File photo shows the headquarters of mortgage lender Freddie Mac in McLean

US 30-Year Fixed Mortgage Rate Clears 4%: Freddie Mac

Interest rates on the 30-year, fixed-rate mortgage rose above 4 percent for the first time since October 2011, following increases in bond yields, Freddie Mac reported.

Is Zsa Zsa Gabor Safe With Her Husband? Daughter Seeks Conservatorship

Ninety-five-year-old actress and great-aunt of Paris Hilton, Zsa Zsa Gabor, has been in and out of the hospital since the early 2000's. The ailing 95-year-old is making headlines as her much younger husband, Prince Frederic Von Anhalt and her daughter, Constance, Francesa Hilton, prepare to duke it out in court over a conservatorship of Gabor.

U.S. Existing Home Sales Fall To 4.59M In February, Miss Forecasts

U.S. existing home sales fell to 4.59 million in February, 0.9 percent below upwardly revised sales figures in January, the National Association of Realtors (NAR) said Wednesday.

Fed Fining Eight More Home Mortgage Lenders In Robo-Signing Scandal

The Federal Reserve plans to fine eight more bank holding companies for improper home mortgage foreclosures, the latest fallout from the so-called robo-signing scandal in which banks filed foreclosure documents without verifying their accuracy.

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US Stocks: Dow 13,000 - Market Top or Pit Stop?

You can't blame investors for feeling a bit squeamish regarding deploying new money in the U.S. stock market these days, despite the Dow Jones Industrial Average's (DJIA) recent rise to 13,000. Where's the Dow headed in the next three months?

U.S. Mortgage Rates Rise With Improving Job Market

U.S. mortgage rates rose with the improving economy, but remained near historic lows in the week ending March 15, Freddie Mac reported Thursday.

Banks Stonewalled Probe Of Foreclosure Practices: Housing Agency

The inspector general for the U.S. Department of Housing and Urban Development said banks involved in the nationwide settlement on foreclosure practices significantly hindered its investigation.

New Rules, Same Old Retail At Utah's 'Mormon Mall'

Finally, a mall the founder of the Mormon faith, Joseph Smith, could warm up to ... though it may not be the best shopping spot for your run-of-the-mill teenager.

Mortgage purchase demand rose last week: MBA

Demand for home purchases picked up for the third week in a row last week, though applications for refinancing sagged, an industry group said on Wednesday.

Pre-Market Movers (FRAN, ZION, RF, RVSN, CLWR, LSI, STI, C, MTGE, FITB)

The companies whose shares are moving in pre-market trade on Wednesday are: Francesca's Holdings Corp, Zions Bancorporation, Regions Financial Co, RADVision Ltd, Clearwire Corp, LSI Corp, SunTrust Banks, Citigroup, American Capital Mortgage Investment Corp and Fifth Third Bancorp.

Banks to pay $25 million to NY state over mortgage system

Five major U.S. banks have agreed to pay $25 million to New York State over their use of an electronic mortgage database that the state said resulted in deceptive and illegal practices that led to more than 13,000 foreclosures.

Watchdog says banks impeded foreclosure inquiry

Top banks impeded a federal inquiry into their foreclosure processes, according to a report released Tuesday, dragging their feet on turning over documents and blocking investigators' attempts to interview bank employees.

Fed FOMC Meeting Policy Statement (FULL-TEXT)

A full-text of the Federal Open Market Committee's statement from March 13 meeting.

JPMorgan paying $45 million to settle mortgage suit

JPMorgan Chase & Co is paying the federal government $45 million to settle a lawsuit alleging it charged veterans hidden fees in mortgage refinancings.

Government Details Mortgage Pact, Promises Tough Oversight

The government released the fine print of its landmark $25 billion mortgage settlement, and promised to closely police the banks' pledges to bring widespread housing relief, even while letting them dodge admission of wrongdoing.

As Jobs Reports Show Growth, Economists Present Divergent Visions of the Recovery's Future; Is Washington Listening?

Economists agree the current labor recovery is creating some jobs, but disagree as to which groups will benefit the most -- and what American society will end up looking like -- as a result. Their disagreements are full of useful insight that could be the base for future policies, if only policymakers were listening.

A man leaves the New York State Department of Financial Services Foreclosure Relief Unit in Brentwood, New York February 10, 2012

Court OK Of $25 Billion Mortgage Deal To Be Sought Monday

The $25 billion settlement between five large U.S. banks accused of abusive mortgage practices on the one side and federal and state government officials on the other side that was announced Feb. 9 will be filed in federal court on Monday, people familiar with the matter said.

Government to seek court approval of $25 billion mortgage pact

A previously announced $25 billion settlement between five major banks accused of abusive mortgage practices and government officials will be filed in federal court on Monday, people familiar with the matter said late Friday.

Freddie Mac Swings To Profit, Asks For Bailout

Freddie Mac requested $146 million from the U.S. Treasury to meet interest payment obligations on bailout funds, despite swinging to a profit, the troubled mortgage buyer reported Friday.

BofA in side deal with government on mortgage foreclosures: WSJ

Bank of America, one of five banks in $25 billion settlement with the government over foreclosure practices, has struck a side deal that will allow it to reduce penalties in return for bigger cuts to borrowers' mortgage balances, the Wall Street Journal said.

America Headed Toward Hyper-Inflation; Expect Denial

My dear Aunt Louise’s husband of 52 years was dying.

Bank of America Defrauded Mortgage Modifiers, Whistleblower Claims

Bank of America, N.A., fraudulently sought to limit home-owner mortgage modifications under the Home Affordable Modification Program so as to avoid millions in losses, says a whistleblower complaint unsealed in federal court Wednesday.

15-Year US Mortgage Rate Hits New Low

U.S. 15-year fixed-rate mortgage declined to a new record low of 3.13 percent in the week ending March 8, according to Freddie Mac.

Whistleblower says BofA defrauded HAMP

Bank of America NA prevented homeowners from receiving mortgage-loan modifications under a federal program in order to avoid millions of dollars in losses while benefitting from financial incentives for participating in the program, according to a complaint unsealed in federal court Wednesday.

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