Attorneys general hail $325 million settlement with Ameriquest State prosecutors on Monday hailed a $325 million settlement with lending giant Ameriquest, saying the deal will give some 725,000 borrowers in 49 states a chance at recovering some money
JPMorgan racks up $1.5 billion in mortgage losses in 3Q (USA Today) JPMorgan Chase has lost nearly $1.5 billion since the start of July, hurt by turmoil in the credit and mortgage markets, wider credit spreads and lower levels of liquidity, the
National City Scales Back Mortgage Lines (AP via Yahoo! Finance) National City Corp. said Thursday it is laying off 1,300 workers to shrink the bank's struggling mortgage business. The Cleveland-based bank said scaling back its home lending businesses and
FHA Loans Grow Costly As Banks Add Fees Lenders that make loans insured by the Federal Housing Administration are adding costs and restrictions that make those mortgages more expensive for consumers and less widely available.
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Omodei dumps Noel's man WA LIBERAL MP Anthony Fels has been dumped from shadow cabinet after his links with former party power-broker Noel Crichton-Browne were revealed.Commentread more...
Housing bubble? Not here: Experts say despite slower sales, the Wichita area need not worry July and August home sales in the Wichita area were down from those months in 2005, but experts dismiss the possibility that the local market is following the national housing
Seats, or memberships, on the New York Stock Exchange have been hot investments for an eclectic mix of hedge fund managers, real estate tycoons and foreign investors who stepped up to buy in recent months.
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