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Federal regulators have sued a defunct California investment brokerage and its former CEO, accusing them of fraud in selling more than $300 million worth of risky mortgage-backed securities to unsophisticated investors. The Securities and Exchange ...

SEC sues head of defunct Brookstreet Securities - Fresno Bee

Only one in three homeowners who have signed up for the Obama administration's mortgage relief plan have sent back the necessary paperwork, highlighting continuing problems for the government's effort to stem the foreclosure crisis. The poor results ...

Lawmakers impatient with Obama mortgage plan - Fort Lauderdale Sun-Sentinel

It appears that many at the Treasury Department are keeping their fingers crossed as December 31 approaches. That is the date by which a large number - nearly 375,000 - of loan modifications will have completed the three-month trial period required ...

Treasury Moves to Improve the Loan Modification Process - MortgageNewsDaily.com

... earning £30,000 will have almost £1,300 less to spend next year thanks to higher stealth taxes, increasing mortgage bills ... rises in council tax. It is forecast to rise by three per cent, costing families in an average property at least £50 ...

BUDGET: FAMILIES FACE BIG SQUEEZE - Daily Express

CHARLOTTE, N.C. -- JPMorgan Chase & Co.'s CEO said Tuesday that the bank sees additional losses on home loans next year even as the economy shows slight improvements. Jamie Dimon told investors at the Goldman Sachs U.S. Financial Services ...

JPMorgan CEO: Bank sees more mortgage losses - Fresno Bee

Fitch Ratings has assigned the following ratings to Utah Housing Corporation's (UHC or the corporation) single-family mortgage bonds, 2009 series C and D. I, class II and class IV bonds is Stable. Fitch has removed the class III bonds (secured by the ...

Fitch Rates Utah Housing Corp's $60MM 2009 Series C & $125MM 2009 ... - PR Inside

By Stuart Fagg, ninemsn Money Westpac has sent an animated video to mortgage customers comparing rising interest rates with the cost of bananas, a week after slugging them with a 45 basis point rate hike. The bank has been criticised by politicians ...

Westpac uses bananas video to justify rate rise - ninemsn

... expected, even taking current unemployment rates ... Commercial real estate loan delinquencies "lag the environment," he said. Home-equity loan losses could reach $1.4 billion per quarter over the next several quarters, quarterly prime mortgage

2nd UPDATE: Dimon: Dividend Increase Unlikely Until 2Q 2010 - NASDAQ

WASHINGTON (AP) — Only one in three homeowners who have signed up for the Obama administration’s mortgage relief plan have sent back the necessary paperwork, highlighting continuing problems for the government’s effort to stem the foreclosure ...

Mortgage Relief Plan Shows Weak Results - New York Times

As of today, the average 30-year fixed-rate loan with no points or fees is around 5%. That, as the graph above—which you can find on Mortgage ... purchasing and paying off a home. Every quarter-point change in interest rates is equivalent to ...

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