US fines ABN Amro Mortgage $16.85mn (New Ratings) NEW YORK, January 5 (newratings.com) ? The US mortgage unit of ABN Amro Holding NV (ticker: ABN), ABN Amro Mortgage Group Inc, Wednesday agreed to pay $16.85 million and relinquish
Low Rates, Higher Wages Buoy Builders A gauge of U.S. home builder optimism rose in June to the highest level this year as record home sales, mortgage rates of less than 6 percent and rising
Mortgage Rates Climb This Week (AP via Yahoo! Finance) Mortgage rates, which had been sliding, went up this week, disappointing news to would-be home buyers. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.11
Buying a home in some areas of Britain can results in 25,000 saving LONDON: Buying a house in some areas of the U.K. rather than opting for a rented place can result in a saving of nearly 25,000 pounds on an average over
Fed's Olson says home lending change poses risks Rapid change in the home mortgage and home equity lending industry raises fundamental issues about fairness and levels of risk, Federal Reserve Governor Mark Olson said on Wednesday.read more...
Yonkers woman convicted of forgery A city woman who tried to defraud banks out of $400,000 by submitting forged appraisals for an apartment mortgage has been convicted of forgery, the Westchester County District Attorney's Office
(This article was originally published Wednesday) MEXICO CITY (MarketWatch)—Mexican development bank Sociedad Hipotecaria Federal, or SHF, has taken steps to bolster the mortgage industry in recent months by extending credit lines to lenders and actively purchasing mortgage bonds amid signs of tightening liquidity in global financial markets, according to a top executive. SHF has started …
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