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Breaking News Wed, 15 Feb 2012
Attorney General Eric Holder, second from left, speaks during a news conference at the Justice Department in Washington, Tuesday, Oct. 11, 2011.
(photo: AP / Haraz N. Ghanbari)
Mortgage Crisis
Salon
| On Thursday, a group of well-connected and powerful men announced that the federal government and state attorneys general had agreed to a multi-billion settlement of claims relating to falsified foreclosure documents. The image of former corporate lawyer-turned-Attorney General Eric Holder and Iow...
Eine US-Flagge steht am Mittwoch, 5. November 2008, an der Boerse in Frankfurt am Main in einem Fernsehstudio vor einer Grafik, nachdem Barrack Obama zum neuen US-Praesidenten gewaehlt wurde. (AP Photo/Michael Probst) ---A US flag is seen in a TV studio at the stock market in Frankfurt, central Germany, Wednesday, Nov. 5, 2008, the day after Barack Obama was elected new President of the United States.
(photo: AP / Michael Probst)
US stocks gain on Greece, bank mortgage deal
The Times Of India
WASHINGTON: US stocks edged cautiously higher Thursday as Greece announced a deal to handle its debt problems and major US banks reached a $25 billion deal over foreclosure abuse allegations. | The Dow Jones Industrial Average finished up 6.51 points (0.05 percent) at 12,890.46. | The broad-based S&...
Mortgage rates offered by lenders
Sydney Morning Herald
| Standard variable home loan rates offered by lenders: | Lender                               ...
Thousands face interest-only mortgage crunch due to tough lending checks
The Daily Mail
| Hundreds of thousands on interest-only mortgages may be unable to take a new deal or move home due to tough lending checks. | Anyone with less than 25 per cent equity or little savings may be forced to switch from interest-only to a repayment...
70,000 homebuyers can expect a shortfall on endowment mortgages with Aviva
The Daily Mail
| Shortfall: Endowments were designed to help homebuyers pay off mortgages | More than 70,000 homebuyers can this year expect a shortfall on endowment mortgages with one of Britain’s biggest insurers.     | Aviva, which looks aft...
Late payments on mortgages rise again in 4th quarter
Syracuse
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Mortgage delinquencies rose in late 2011
The Los Angeles Times
| More people were late with their home-loan payments in the last three months of 2011, the second quarter in a row that defaults increased. | Credit data giant TransUnion said serious mortgage delinquencies, loans on which borrowers were at least 60...
Attack of the Vampire Mortgages
Huffington Post
| The U.S. Attorney General has unveiled a joint state and federal settlement with banks aimed at "righting the wrongs" of the housing bubble. It's a start -- a start that comes after the battle has mostly ended. The reality is that the window of opp...
Have you called your bank about state's $18B mortgage settlement?
Signon San Diego
| READERS: Have you found out if you're among 466,000 homeowners in the state who may qualify for mortgage relief through a between states and major lenders? California's share of the deal, which still needs judge approval, is $18 billion. The U-T Sa...
Mortgage
Eine US-Flagge steht am Mittwoch, 5. November 2008, an der Boerse in Frankfurt am Main in einem Fernsehstudio vor einer Grafik, nachdem Barrack Obama zum neuen US-Praesidenten gewaehlt wurde. (AP Photo/Michael Probst) ---A US flag is seen in a TV studio at the stock market in Frankfurt, central Germany, Wednesday, Nov. 5, 2008, the day after Barack Obama was elected new President of the United States.
(photo: AP / Michael Probst)
US stocks gain on Greece, bank mortgage deal
The Times Of India
WASHINGTON: US stocks edged cautiously higher Thursday as Greece announced a deal to handle its debt problems and major US banks reached a $25 billion deal over foreclosure abuse allegations. | The Dow Jones Industrial Average finished up 6.51 points (0.05 percent) at 12,890.46. | The broad-based S&P 500 crept up 1.99 (0.15 percent) to 1,351.95, wh...
Construction
The Empire State Building, the Tallest Building in New York City.
(photo: WN / Periasamy)
Empire State Realty Trust plans $1billion IPO
Atlanta Journal
| NEW YORK — The company that runs Manhattan's Empire State Building is planning an initial public offering that could raise as much as $1 billion. More business news | Mortgage event, including chance for $15K, draws nearly 1,000 Foreclosure notices drop Southwest Airlines launches service in Atlanta Southwest Airlines launch: What this mean...



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