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Rate of U.S. foreclosures ease in April
07:38:59 | 12/05/2011 - Source: OregonLive.com
Fewer Americans had their homes repossessed by banks or were put on notice for being behind on their mortgage payments in April compared to a year ago.
Banks and states meeting on foreclosure probe
01:34:32 | 12/05/2011 - Source: KSWB-TV San Diego
U.S. state attorneys general are pressing five large banks to reduce loan balances for troubled borrowers as part of a settlement over mortgage servicers' foreclosure practices.
The bank will close the branches as part of a plan to consolidate operations.
21:20:04 | 11/05/2011 - Source: WREC-AM Memphis
BancorpSouth Inc. said Tuesday that it will close 23 bank branches in six states this summer as part of a plan to consolidate operations.
Wells Fargo, Bank of America offer $5B in mortgage probe
21:20:03 | 11/05/2011 - Source: American City Business Journals
Wells Fargo has joined Bank of America and other banks to offer $5 billion to settle a probe into their foreclosure practices.
Why Geithner Won't Be Selling Our Gold
19:10:18 | 11/05/2011 - Source: TheBostonChannel
This just in from the Treasury Department: The United States will not be unloading its nearly $400 billion stash of gold to delay hitting the debt ceiling.
Upscale housing may suffer amid federal retreat from big loans
18:05:34 | 11/05/2011 - Source: Bend Bulletin
By summer's end, buyers and sellers in some of the country's most upscale housing markets are slated to lose their biggest benefactor of the economic downturn: the deep pockets of the federal government.
Mortgage applications surge as rates fall: MBA
13:55:55 | 11/05/2011 - Source: WMGI-FM Terre Haute
Applications for U.S. home mortgages surged last week at the fastest pace in two months as interest rates dropped for a fourth week in a row, an industry group said on Wednesday.
Iowa businessman pleads guilty to wire fraud
10:41:05 | 11/05/2011 - Source: WHBF-TV Rock Island
A Pella businessman has pleaded guilty to one count of wire fraud after acknowledging he took money that was supposed to pay mortgages for his own use.
US banks float $5 bln deal to settle foreclosure probe - WSJ
07:41:39 | 11/05/2011 - Source: Reuters
Major U.S. banks are willing to pay as much as $5 billion to settle claims by federal and state officials of improper mortgage foreclosure practices, the Wall Street Journal reported, citing people familiar with the situation.
DA: Man Used Investors' Cash For Bookmaker
03:31:44 | 11/05/2011 - Source: KVVU-TV Henderson
NEW YORK -- A New York businessman who drew the Securities and Exchange Commission's attention in the 1990s is now facing criminal charges of swindling investors out of more than $1.2 million.
FEMA asks for return of disaster aid
23:17:01 | 10/05/2011 - Source: WTHI-TV Terre Haute
After the raging Cedar River filled his home with 13 feet of water and ruined most of his possessions, Justin Van Fleet pleaded for help from the Federal Emergency Management Agency to get back on his feet.
Senate banking panel chief defends Dodd-Frank
18:12:27 | 10/05/2011 - Source: KSWB-TV San Diego
Rolling back the Dodd-Frank Wall Street law of 2010 "would be dangerous and irresponsible," said the Democratic chairman of the U.S. Senate Banking Committee on Tuesday.
Home Prices Fall 3 Percent in First Quarter; Lowest Point Since 2008
14:03:08 | 10/05/2011 - Source: WLTI-FM Syracuse
In yet another blow to the housing market, home values fell three percent in the first three months of this year -- more than many economists had expected.
No end in sight to foreclosure quagmire
09:47:47 | 10/05/2011 - Source: WXIA-TV Atlanta
Four years after a wave of rogue mortgage lending sent the U.S. housing market into the worst collapse since the Great Depression, the devastating flood of resulting foreclosures shows no sign of abating.
Increase in property transactions
05:38:21 | 10/05/2011 - Source: Milngavie Today
Scots are being "more realistic" about property prices, it has been claimed, as the number of buying and selling transactions increased last month.