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When short sales leave sellers short
Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a...Tags: Fannie Mae, Services and Shopping, U.S. Consumer Financial Protection Bureau, Freddie Mac, Federal Housing Administration
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U.S. judge blocks $13 million arbitration award against SunTrust
Reuters* Judge finds fund not a customer under FINRA rules * Turnberry sought at least $13 mln in arbitration * Case focused on mortgage-backed securities By Nate Raymond NEW YORK, May 17 (Reuters) - SunTrust Banks Inc won an court order on Friday preventing...Tags: Trials, Crime, Law and Justice, Mutual Funds, Arbitration, Finance
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CORRECTED-U.S. judge blocks $13 million arbitration against SunTrust
Reuters(Removes "award" from headline) * Judge finds fund not a customer under FINRA rules * Turnberry sought at least $13 mln in arbitration * Case focused on mortgage-backed securities By Nate Raymond NEW YORK, May 17 (Reuters) - SunTrust Banks Inc won...Tags: Trials, Crime, Law and Justice, Mutual Funds, Arbitration, Finance
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Rethinking the virtues of owning your home
The Arizona Daily Star, TucsonThe virtue and financial sense of homeownership -- and the second-class status of renters -- are pervasive ideas in America, but housing experts are reconsidering the conventional wisdom. "We have one long-standing paradigm, that mortgage-based...Tags: Colleges and Universities, Russia, Culture, Rentals, University of Arizona
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Another former Seeno employee pleads guilty, agrees to help feds
The Contra Costa TimesA former Seeno employee pleaded guilty in federal court Thursday to paying bribes to a mortgage broker to help secure home loans for homebuyers, according to federal prosecutors. Jason Sterlino, 34, of Hercules -- a former sales manager with Discovery...Tags: Corporate Crime, Trials, Crime, Law and Justice, Prosecution, Bribery
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WRAPUP 2-Fed hawks unite in call to retreat from mortgage stimulus
ReutersBy Kristen Hays and Francesca Landini HOUSTON/MILAN, May 16 (Reuters) - A trio of hawkish regional Federal Reserve officials are calling for the U.S. central bank to stop buying mortgage-backed bonds, citing recent improvement in the housing market....Tags: Lehman Brothers Holdings Inc., Petroleum Industry, Bank of America Corp., Finance, Economy, Business and Finance
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Fed buys $17.3 billion of mortgage bonds, sells $2.2 billion
ReutersNEW YORK (Reuters) - The Federal Reserve bought $17.3 billion of agency mortgage-backed securities from May 9 through May 15, a tad less than the $17.8 billion it purchased last week, the New York Federal Reserve Bank said on Thursday. In a move to...Tags: Fannie Mae, Central Bank, Freddie Mac, Derivative Securities, Securities
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Canada's Harper says household debt not his biggest worry
ReutersNEW YORK, May 16 (Reuters) - Canada's soaring consumer debt is backed by solid assets, Prime Minister Stephen Harper said on Thursday, saying he was more worried about economic problems outside the country. Canadian households now owe C$1.65 for every...Tags: Stephen Harper, Finance, Economy, Business and Finance, Consumers
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Fed balance sheet grows in latest week
ReutersNEW YORK (Reuters) - The Federal Reserve's balance sheet grew in the latest week as the central bank's holdings of U.S. Treasuries increased, Fed data released on Thursday showed. The Fed's ownership of mortgage bonds guaranteed by Fannie Mae , Freddie...Tags: Fannie Mae, Politics, Freddie Mac, Bonds, Government
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PROFILE-Bond guru Gundlach of DoubleLine goes prime time
ReutersBy Sam Forgione and Jennifer Ablan NEW YORK, May 16 (Reuters) - Bond investor and co-founder of DoubleLine Capital LP, Jeffrey Gundlach fancies himself as more than just a fixed-income guru, making successful predictions on everything from shares in...Tags: Stock Market, Mutual Funds, Apple Inc., Finance, Economy, Business and Finance
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U.S. housing nominee vows to divest bank stock if confirmed
ReutersWASHINGTON, May 16 (Reuters) - U.S. Representative Mel Watt, nominated by President Barack Obama to serve as a top housing regulator, plans to divest bank stock he owns if confirmed in the post, according to a statement filed with the Office of Government...Tags: Politics, Political Fundraising, Freddie Mac, BB&T Corp., Finance
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READER SUBMITTED: Residential Home Mortgage Corp. Ranks Third In The Nation Via LendingTree
StatewideResidential Home Mortgage Corp. (RHMC), a New Jersey-based mortgage bank exclusively servicing New Jersey, Pennsylvania, New York and Connecticut, earns a top spot among all LendingTree lenders nationally. LendingTree, LLC, the nation's leading online...Tags: Consumers
May 18, 2013
|Story| Hartford Courant
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| McClatchy-Tribune
May 17, 2013
|Story| McClatchy-Tribune
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Hartford Courant
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