The $ 8.5 billion settlement may hinge on whether a judge agrees that the world’s largest bond buyers struck a generous-enough deal for all investors
BusinessWeek.com — Finance
The $ 8.5 billion settlement may hinge on whether a judge agrees that the world’s largest bond buyers struck a generous-enough deal for all investors
BusinessWeek.com — Finance
Bank of America Corp.’s Merrill Lynch unit must face a class-action suit on behalf of at least 1,800 investors over mortgage-backed securities, a federal judge ruled.
BusinessWeek.com — Finance
JPMorgan Chase & Co. and Royal Bank of Scotland Group Plc units were sued by the federal agency that regulates credit unions, seeking to recover money lost on mortgage-backed securities.
BusinessWeek.com — Finance
HSBC Holdings Plc is making it easier for homebuyers to get loans in Dubai as one of the world’s worst-performing real estate markets shows signs of improvement.
BusinessWeek.com — Finance
U.K. mortgage approvals fell in April to the lowest in four months as rising jobless claims undermined consumer confidence and an extra public holiday for the royal wedding slowed house purchases.
BusinessWeek.com — Finance
For Elizabeth Warren, the Obama administration adviser setting up the Consumer Financial Protection Bureau, simpler mortgage paperwork is a “regulatory sweet spot” that will cut lender costs and borrower confusion.
BusinessWeek.com — Finance
U.S. banks are accelerating purchases of government-backed mortgage securities as declining interest rates and weakened loan demand push financial firms to put cash to work in the bond market.
BusinessWeek.com — Finance
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