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Mortgages

A collection of news and information related to Mortgages published by this site and its partners.

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  • China September factory activity steadies but economic outlook still weak

    China September factory activity steadies but economic outlook still weak
    BEIJING (Reuters) - Growth in China's manufacturing sector held up in September but remained subdued in a sign that the world's second-largest economy is still struggling to recover its growth momentum.
  • Drayman's payments lowered

    Former Councilman John Drayman's monthly $1,000 restitution payments to the victims he embezzled from were reduced by more than half after financial evaluators showed he wasn't earning much income, though a Los Angeles Superior Court Judge told him this...

    JPMorgan to face U.S. class action in $10 billion MBS case

    NEW YORK (Reuters) - A federal judge on Tuesday said JPMorgan Chase & Co must face a class action lawsuit by investors who claimed the largest U.S. bank misled them about the safety of $10 billion of mortgage-backed securities it sold before the financial...

    China takes boldest step yet to lift housing market, economy

    BEIJING (Reuters) - China cut mortgage rates and downpayment levels for some home buyers on Tuesday for the first time since the 2008 global financial crisis, making one of its biggest moves this year to boost an economy increasingly threatened by a...

    Not all the dots connect on new Quinn attack ad against Rauner business deal

    Not all the dots connect on new Quinn attack ad against Rauner business deal
    Gov. Pat Quinn on Monday launched a new ad attacking a business deal of Republican challenger Bruce Rauner, though the dots the Democrat uses to attack the Republican don’t necessarily connect. The new ad focuses on HomeBanc Mortgage Corp.,...