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Faulty Loans Top $72 Billion as Banks Seek Legal Deal: Mortgages - BusinessWeek


Bloomberg

Faulty Loans Top $72 Billion as Banks Seek Legal Deal: Mortgages
BusinessWeek
Wells Fargo & Co., Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co. and Ally Financial Inc., the five largest home lenders during the real estate boom, tallied at least $6.78 billion in new costs tied to mortgages during the second half of ...
Faulty Loans Top $72 Billion as Banks Seek Deal With Regulators: MortgagesBloomberg
A mortgage guarantee company might save home buyersFirstpost
Reduce the principal to fix the housing mortgage crisisPocono Record
Rupee Times -San Francisco Chronicle -Business Insider
all 94 news articles »

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More US states to join foreclosure-abuse deal - Wall Street Journal


Bloomberg

More US states to join foreclosure-abuse deal
Wall Street Journal
It would force the five largest mortgage lenders to reduce loans for about 1 million households. The reduced loans would benefit homeowners who are behind on their payments and owe more than their homes are worth. The lenders would also send checks for ...
Nationwide foreclosure pact gains momentumCBS News

all 778 news articles »

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The Manchester mortgage: 250 new homes plus loans for first-time buyers in bid ... - Manchester Evening News


The Manchester mortgage: 250 new homes plus loans for first-time buyers in bid ...
Manchester Evening News
Council chiefs have unveiled radical plans to help the housing crisis by launching a 'Manchester mortgage' for first-time buyers – and £25m of pension cash is to be used to build new homes. Bosses have identified five sites on which it aims to build ...

and more »

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HomeStreet renews a downsized IPO effort - The Seattle Times


Housing Wire

HomeStreet renews a downsized IPO effort
The Seattle Times
As part of a plan to expand its mortgage-banking business, HomeStreet said it offered jobs last month to most of the mortgage bankers employed by MetLife Home Loans, which is getting out of home lending. It has hired about 140 MetLife mortgage ...
HomeStreet Bank Hires Former MetLife Home Loans Mortgage Professionals From ...MarketWatch (press release)
HomeStreet goes on MetLife hiring spreeHousing Wire

all 12 news articles »

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Missouri files charges against mortgage processor - CBS News


Missouri files charges against mortgage processor
CBS News
Add Missouri to the growing list of states going after banks and other companies on behalf of consumers apparently caught in a widespread fraud involving forged signatures on phony home loan documents. State Attorney General Chris Koster filed criminal ...

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