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Fri, 30 Jul 2010 01:46:19 GMT |
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Reuters - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.
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Fri, 30 Jul 2010 00:50:15 GMT |
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AP - Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007. |
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Thu, 29 Jul 2010 22:30:00 GMT |
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AP - Federal regulators say a Florida company they accused of misleading borrowers who were seeking to avoid foreclosure has agreed to repay the consumers $2.4 million to settle those charges. |
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Thu, 29 Jul 2010 22:04:26 GMT |
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AP - Lawmakers plan to study ways to get back some of the $145 billion the government has pumped into giant mortgage buyers Fannie Mae and Freddie Mac. |
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Thu, 29 Jul 2010 20:25:55 GMT |
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AP - RATES KEEP FALLING: Mortgage company Freddie Mac said the average rate for 30-year fixed loans this week was 4.54 percent, down from 4.56 last week. |
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Thu, 29 Jul 2010 20:09:31 GMT |
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AP - Mortgage rates are the most affordable in decades for those who can qualify for a loan.
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Thu, 29 Jul 2010 19:00:15 GMT |
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AFP - US bank Citigroup agreed Thursday to pay a 75-million-dollar fine to settle charges it misled investors about exposure to subprime mortgage-related assets, the Securities and Exchange Commission said.
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Thu, 29 Jul 2010 14:01:08 GMT |
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AP - Mortgage rates drop to 4.54 pct., hitting lowest level on record for fifth time in six weeks. |
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Thu, 29 Jul 2010 11:48:42 GMT |
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Reuters - Foreclosures rose in 3 of every four large U.S. metro areas in this year's first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday.
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Thu, 29 Jul 2010 07:53:43 GMT |
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AP - France Telecom SA said Thursday that first half net profit rose 45 percent due to a one-off gain, although revenue and margins were eroded by regulatory costs and competition in the home market in France. |
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Thu, 29 Jul 2010 07:29:06 GMT |
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AP - Households across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data shows.
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Thu, 29 Jul 2010 01:05:04 GMT |
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AP - The California Department of Real Estate said Wednesday it revoked a record number of real estate licenses in its most recently completed fiscal year. |
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Wed, 28 Jul 2010 21:52:52 GMT |
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AP - Loan officers at banks will be required to provide their names and fingerprints to a national database as part of an effort to crack down on shady operators who fed the real estate bubble. |
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Wed, 28 Jul 2010 20:46:59 GMT |
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AP - The Obama administration is revising the latest report on its troubled mortgage-relief program, and the changes are likely to show a greater number of borrowers facing foreclosure after having their loans modified. |
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Wed, 28 Jul 2010 19:47:36 GMT |
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AP - MORTGAGE APPLICATIONS DOWN: Applications for home loans fell 4.4 percent last week despite the lowest mortgage rates in decades, according to the Mortgage Bankers Association. |
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Wed, 28 Jul 2010 19:38:43 GMT |
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Reuters - The economy kept growing overall in recent weeks, but unevenly and it actually slowed in a few regions as housing markets softened after the end of a popular tax break, the Federal Reserve said on Wednesday.
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Wed, 28 Jul 2010 16:44:25 GMT |
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Reuters - Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to final rules issued on Wednesday by the Federal Reserve and other regulators.
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Wed, 28 Jul 2010 13:30:13 GMT |
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AP - Applications for home loans fell last week despite the lowest mortgage rates in decades. |
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Wed, 28 Jul 2010 11:37:06 GMT |
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Reuters - U.S. home loan demand cooled last week as rising mortgage rates curbed refinancing requests that had soared to a 14-month high, the Mortgage Bankers Association said on Wednesday.
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Tue, 27 Jul 2010 21:06:00 GMT |
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McClatchy Newspapers - WASHINGTON mdash; With the overhaul of financial regulation in the bag, the Obama administration Tuesday said it'll focus next on housing finance mdash; another key cause of the recent deep economic downturn mdash; with an eye to deciding the fate of mortgage finance titans Fannie Mae and Freddie Mac. |
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