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New Home Sales for 2011
Fall to Lowest on Record
» Pending Home Sales Dip, But Trend Still Positive, Realtors Say
» Fed Extends Near-Zero Rate 'Through Late 2014'
» 30-Year Mortgage Reverses, Up to 3.98% on Positive Data
AG: 11 Institutions Subpoenaed
in Mortgage Securities Probe
» Obama Urges Mortgage Refi Plan for ‘Responsible Homeowners’
» Gingrich, Romney: Dodd-Frank Stalling Foreclosure Crisis
Raw ‘Robo’ Deal? New Terms,
$1,800 for Foreclosure Victims
» Home Sales in Uptrend With Inventory Down to 2005 Levels
» Lenders Hike Fannie, Freddie Fee Thanks to Payroll Tax Cut
» 2nd-Lien Mortgage Fixes Underway for 47% of Eligible
CFPB Targets Payday Loans:
Quick Cash at Hefty Price
» Lawmakers Put Off Anti-Piracy Proposals After Web Protests
» Consumer Watchdog Preps ‘Nonbank’ Lender Supervision
New U.S. Rules Set for
International Money Transfers
» Airlines Must Now Reveal Taxes, Fees in Quoted Fares
» Debit Card Use Wavers; Cash Makes Comeback: Survey
Small Business Loans Up
Average 27% from Biggest Banks
» Small Biz Loan Approvals Higher at Small Banks, Non-Banks
» Small Businesses Face ‘Unusual Obstacles’ to Credit
More Headlines:
» Economists See Slightly Better GDP Growth, Stable Prices
» In Florida, Gingrich’s Freddie Mac Link Matters – Ask Romney
» Pew Study: 29% of U.S. Adults Own Tablet or e-Reader
» Bank of America Sees $2B Profit Despite Card Fee Fiasco
» FDIC Issues Stress Test Rules for $10B-Plus Banks
» American Express Profit Up 12% on Record Card Spending
» Mortgage Financing Bolsters Wells Fargo’s Record Profit
» Credit Customers Boost Citigroup, But Profit Drops 11%
» JPMorgan Chase Charge-Offs Fall 43% in 2011
» Backlog Spurs 34% Decline in Foreclosure Filings for 2011
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HAMP Mortgage-Mod Rules Eased, More Write-Downs Eyed
The Obama Administration is again giving a boost to its much criticized foreclosure rescue campaign by easing mortgage modification rules, tripling incentives to participating lenders and possibly getting Fannie ...
AG: 11 Institutions Subpoenaed in Mortgage Securities Probe
Eleven financial institutions were recently issued subpoenas related to a newly expanded federal-state effort to crack down on misconduct in the mortgage-backed securities market, U.S. Attorney General Eric Holder ...
New U.S. Disclosure Rules Set for International Money Transfers
New rules for international money transfers by U.S. remittance providers generally require full disclosure of the exchange rate and all fees associated with a transfer.
The new rules also require remittance transfer ...
Airlines Must Now Reveal Taxes, Fees in Quoted Fares
Advertised airfares by airlines and travel agents – in print, on television and online – must include all mandatory taxes and fees, including baggage fees, under new U.S. rules taking effect today to help consumers ...
New Home Sales for 2011 Fall to Lowest on Record
Sales of new single-family homes fell 2.2 percent in December, topping off 2011 as the worst year on record based on existing U.S. housing data since 1963.
The Commerce Department said that 302,000 new homes were ...
30-Year Mortgage Reverses, Up to 3.98% on Positive Data
The 30-year fixed-rate mortgage averaged 3.98 percent over the last seven days, reversing its previous three-week trend of setting all-time record lows, according to Freddie Mac.
Housing market data showed a somewhat ...
Foreclosures 20% of U.S. Sales in 3Q, Average Price $165,322
Sales of homes in some phase of foreclosure, or those bank-owned, accounted for 20 percent of all U.S. sales in the third quarter of 2011, down from 22 percent of all sales in the second quarter, according to RealtyTrac, ...
Fed Extends Near-Zero Rate ‘Through Late 2014’
The Federal Reserve will hold its benchmark federal funds rate at zero to .25 percent “at least through late 2014,” concluded its monetary policy-setting committee after citing a U.S. economy that has expanded ...
Debit Card Use Wavers as Cash Stages Comeback: Survey
Consumers may be returning to the simplicity of paying with cash, and wavering on the use of debit cards, as new regulations have created a confusing purchasing environment.
A report by Javelin Strategy & Research ...
Pending Home Sales Dip, But Trend Still Positive, Realtors Say
Pending home sales dipped in December after reaching a 19-month high, but remained above year-ago levels, according to the National Association of Realtors.
The NAR’s Pending Home Sales Index, an indicator based ...
