Finance & Mortgage
Real Estate News
Australia's Home Loan Delinquencies Narrow Down --Fitch Ratings
Dec 13, 2011
Home loan delinquencies have strongly fell for the second consecutive quarter with new jobs boosting residents' ability to re-pay their home mortgages, Fitch Ratings said.
Companies - Finance
N.Y. Judge Bashes SEC Over $285 Million Fraud Settlement With Citigroup
Nov 29, 2011
U.S. District Court Judge Jed S. Rakoff issued an acerbic order blocking the U.S. Securities and Exchange Commission's proposed $285 million deal with Citigroup that is "neither fair, nor reasonable, nor adequate, nor in the public interest.
Companies - Retail/Consumer
Aussie Home Buying Trend: More Rentals than Home Buyers
Nov 18, 2011
The Australia Statistics Bureau showed that during the period 2000 to 2011, renting outpaced home ownership in the country.
Companies - Finance
How Much Did Previous Fannie and Freddie CEOs Make?
Nov 17, 2011
A list of compensation packages given to previous Fannie Mae and Freddie Mac CEOs during the past decade or so was released in a report produced by the House Oversight and Government Reform committee.
Companies - Finance
Fannie, Freddie Executives Say They Need Big Paychecks to Protect Taxpayer Money
Nov 17, 2011
Top executives at Fannie Mae and Freddie Mac defended their lucrative pay before a House panel on Wednesday, one day after lawmakers approved suspending top executive compensation packages and moving the firms' thousands...
Real Estate Finance & Mortgage
U.S. 30-Year Mortgage Rate Drops to 3.99 Percent: Freddie Mac
Nov 10, 2011
The U.S. 30-year fixed-rate mortgage rate dropped slightly to 3.99 percent in the week ending Nov. 10, according to Freddie Mac's Primary Mortgage Market Survey.