Around The Web

CONSUMER ALERT: Look out for bogus loan modification offers

2012-02-14T16:50:37Z

SEATTLE If history is any guide, scammers will surely try to take advantage of news of the largest consumer protection settlement in U.S. history....(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

New York Tells Citi, Assurant to Cooperate

2012-02-14T16:49:32Z

Probe explores whether banks and insurers charged exorbitant fees to homeowners who let their insurance policies lapse....(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Fed's Plosser Warns Against Keeping Rates Low

2012-02-14T16:47:24Z

Fed's Plosser Warns Against Keeping Rates Low<br/>http://www.cnbc.com//id/46380890...(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Fed's Plosser calls for halt to more easy money

2012-02-14T16:47:24Z

NEWARK, Delaware (Reuters) - A top policymaker at the U.S. central bank decried the "accelerations approach to monetary policy" among some of his colleagues, pointing to signs of economic improvement......(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Federal Reserve Board issues enforcement action with Commerce Bancshares

2012-02-14T16:44:10Z

Federal Reserve Board issues enforcement action with Commerce Bancshares...(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

NAR's Commercial Real Estate Survey: Sales Volume

2012-02-14T15:40:23Z

According to NAR's recently released quarterly Commercial Market Survey, the decline in commercial real estate sales experienced by NAR members has turned around with the end of the Great Recession. The data seem to indicate that commercial markets are poised for a turnaround. The demand for commercial property is a function of job creation – [...]...(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

TransUnion: National Mortgage Loan Delinquencies Increase for Second Time Since 2009

2012-02-14T14:23:53Z

CHICAGO, IL (Marketwire) - The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) increased for only the second time since the end of 2009, edging upward to 6.01% at the end of the fourth quarter in 2011. This information is reported by TransUnion and is part of its ongoing series of quarterly analyses of credit-active U.S. consumers and how they are managing credit related to mortgages, credit cards and auto loans....(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Romance & Real Estate: How Your Housing Situation Affects Your Love Life

2012-02-14T14:19:36Z

Where you live affects who you date-and who will absolutely refuse to date you. In honor of Valentine’s Day, the real estate website Trulia commissioned Harris Interactive to conduct a survey looking at the intersection of attitudes about housing and romance. Are homeowners regarded as “marriage material” more so than noncommital renters? Are people more [...]...(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Mortgage Settlement Saves FHA From Bailout

2012-02-14T14:16:29Z

Mortgage Settlement Saves FHA From Bailout<br/>http://www.cnbc.com//id/46373217...(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Foreclosure Deal May Help States Prop Up Budgets, Raze Homes

2012-02-14T14:15:19Z

Wisconsin plans to use part of its $140 million share of the national foreclosure settlement to fill a budget hole. Missouri would devote $40 million for education. Ohio wants to tear down vacant homes....(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Wall St fights back vs expert witness in lawsuits

2012-02-14T14:14:14Z

(Reuters) - For years, Craig McCann played a prominent role as a top expert witness, his testimony helping to win millions of dollars for investors who sued financial companies....(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Treasurys, dollar gain retail sales

2012-02-14T14:14:13Z

NEW YORK (MarketWatch) -- The dollar edged higher and Treasury prices held onto slim gains on Tuesday after a report showed U.S. retail sales rose a less-than-forecast 0.4% in January. Yields on 10-year notes , which move inversely to prices, fell 2 basis points to 1.95%. The dollar index , which measures the greenback against a basket of six currencies, rose to 79.253, from 79.185 before the data and 78.963 in late North American trading on Monday. The euro slipped to $1.3155, from late Monday's $1.3201....(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

The Federal Reserve Board releases orders related to the previously announced monetary sanctions against five banking organizations

2012-02-14T14:12:08Z

The Federal Reserve Board releases orders related to the previously announced monetary sanctions against five banking organizations...(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Comments on the Federal Housing Finance Agency Joint Initiative on Mortgage Servicing Issues

2012-02-14T14:11:01Z

FHFA has the mandate and the opportunity to improve mortgage servicing practices. CRL recommends incentives to encourage better service by loan servicers and to promote more timely and effective loss mitigation, free of abusive and unfair practices....(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

ABA Statement on Proposed Bank Tax

2012-02-13T21:59:52Z

Washington, February 13, 2012 -- "The banking industry strongly opposes the $61 billion bank tax included in President Obama's budget proposal.  Despite claims to the contrary, the facts on TARP are very clear: Taxpayers have profited $13 billion from their investments in banks through the program and Treasury predicts they will see a lifetime positive return of more than $20 billion.  Given that non-bank programs are responsible for all of TARP's losses, this would simply be an arbitrary tax with no regard to where losses actually occurred....(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.