Bank on interest rate fuss
Bank on interest rate fuss
Increases used to be rare in an election year, but not now that the Reserve has the call.
Read more on Brisbane Times
Categories: mortgage merge Tags: Bank, fuss, interest, rate
Obama takes $1.5 billion from bank bailout to aid homeowners
Obama takes $1.5 billion from bank bailout to aid homeowners
President Obama sought to give a needed lift to Senate Majority leader Harry Reid’s re-election chances on Friday, crediting him with helping stave off a depression over the past year while rolling out a $1.5 billion mortgage program meant for a handful of states that have endured waves of home foreclosures.
Read more on Q13 FOX Seattle
Categories: mortgage merge Tags: $1.5, Bailout, Bank, billion, From, Homeowners, Obama, Takes
Beal Bank owner paved his own road to becoming Dallas ‘ richest man
Beal Bank owner paved his own road to becoming Dallas ‘ richest man
Not many years ago, lenders were bagging profits by making loan after loan after ill-fated loan. Andy Beal saw the easy money and ran the other way.
Read more on Dallas Morning News
Stocks edge higher after Fed eases bank supports
Stocks edge higher after Fed eases bank supports
The stock market ended a strong week with modest gains after investors found good news in the Federal Reserve’s decision to begin dismantling emergency lending measures for banks.
Read more on AP via Yahoo! News
Former Regulator Talks Fraud and the Big Bank Getaway
Former Regulator Talks Fraud and the Big Bank Getaway
Paul Solman sits down with former bank regulator and author Bill Black as part of his continuing series of reports examining bank reform and the future of Wall Street.
Read more on The Online NewsHour
FloriDUH: Hard times push 73-year-old to rob bank
FloriDUH: Hard times push 73-year-old to rob bank
He needed money to pay his mortgage. So he robbed banks. Bonnie and Clyde, anyone?
Read more on Sun-Sentinel
Mortgage department expands: SouthEast Bank & Trust offers larger selection of mortgage products
Mortgage department expands: SouthEast Bank & Trust offers larger selection of mortgage products
Pictured (from left) are Chad Nash, Leslea Cronin-Bowen, Eric Johnson, Robbin McDaniel, Stacy Woods and Daniel Atkinson of SouthEast Bank & Trust. The company recently expanded its mortgage department.
Read more on The Herald-News
Categories: mortgage merge Tags: Bank, department, expands, larger, Mortgage, Offers, Products, selection, Southeast, Trust
Homeowners sue Bank of America
Homeowners sue Bank of America
Ten homeowners resorted to federal court for help with their mortgages this week, saying Bank of America broke promises to modify their payments.
Read more on The Charlotte Observer
Categories: mortgage merge Tags: America, Bank, Homeowners
Serial bank robber arrested, police say
Serial bank robber arrested, police say
Tampa police say James Bruce admitted to robbing three banks to pay his mortgage.
Read more on ABC Action News Tampa Bay
China, worried about a real estate bubble, moves to restrain bank lending
China, worried about a real estate bubble, moves to restrain bank lending
The action, which shook global financial markets, could help cool a market in which housing is unaffordable to ordinary citizens. Banks will have to set aside more reserves with the central bank. Amid growing fears of a real estate bubble, Chinese officials moved Friday to restrain bank lending and put a lid on incipient inflation, a surprise action that shook financial markets around the world …
Read more on Los Angeles Times