Mortgage and Financial News From 2009-12-16 Page 01
Previous Day: 2009-12-15
Return to the mortgage news archive home.
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
-
Ohio AG sues mortgage company - Dayton Daily News
DAYTON — Ohio Attorney General Richard Cordray has filed a lawsuit against a New York-based company he alleges issued unfair loan-modification agreements and provided inadequate customer service to borrowers faced with foreclosure. The lawsuit ...
2009-12-16 08:59:00 -
Bank of America board selects new CEO - Rock Hill Herald
CHARLOTTE, N.C -- CHARLOTTE, N.C. - Bank of America's board has selected Brian Moynihan as the bank's new chief executive, spokesman Bob Stickler said Wednesday evening. Moynihan, previously the bank's consumer banking head, will have his office in ...
2009-12-16 08:16:00 -
Voting-machine firm merger investigated - Miami Herald
The nation's largest election company is purchasing a rival in a major deal that will make it the sole provider of voting machines in 65 of Florida's 67 counties and much of the nation. Election Systems & Software's $5 million acquisition of Diebold ...
2009-12-16 09:42:00 -
Irvine Mortgage Software Maker Acquired - Orange County Business Journal
Irvine-based Mavent Inc., a software developer for the mortgage industry, has been acquired by Ellie Mae Inc. of Pleasanton. Terms of the deal weren't disclosed. Ellie Mae, which also makes software for the mortgage industry, plans to keep Mavent ...
2009-12-16 09:42:00 -
AmTrust's new owner may need to keep fewer workers; many face 'payless ... - Cleveland Plain Dealer
CLEVELAND, Ohio -- Two weeks after AmTrust Bank failed and was bought by New York Community Bank, the jobs picture isn't as bright as it seemed for the bank's 1,450 employees in Northeast Ohio. NYCB has said it's most committed to keeping employees ...
2009-12-16 07:55:00 -
Fed Will Hold Down Rates, Citing Tenuous Recovery - New York Times
... the Fed said that it was gradually slowing its purchases of mortgage-backed securities and other agency debt, and that most of its emergency liquidity programs would expire in February. The Term Asset-Backed Securities Loan Facility , created to ...
2009-12-16 09:21:00 -
4 Big Mortgage Backers Swim in Ocean of Debt - New York Times
Even as the biggest banks repay their government debt in what is being heralded as a successful rescue program, four troubled giants of the financial world remain on government life support. And the total risk they pose to the taxpayer far exceeds ...
2009-12-16 09:21:00 -
Worst won't be over until Lenihan gets to grips with the banking mess - IrishExaminer.com
Worst won't be over until Lenihan gets to grips with the banking messIrishExaminer.comMortgage repossessions, personal loans, credit card and overdraft defaults – all form part of the debris to be dealt with. Under the NAMA umbrella, ...and more »
2009-12-16 07:22:16 -
IL&P shareholders to vote on holding company - IrishExaminer.com
IL&P shareholders to vote on holding companyIrishExaminer.comIL&P, under investigation for its circular lending of over €7 billion to Anglo Irish Bank, is the country's biggest mortgage lender. ...and more »
2009-12-16 07:22:16 -
Mortgage applications edge up - Investor's Business Daily
Mortgage applications edge upInvestor's Business DailyUS demand for home loans rose 0.3% in the week ended Dec. 11, the third straight weekly gain, the Mortgage Bankers Association said. The 4-week average, ...
2009-12-16 07:45:13 -
Rivals for Florida governor attack over roles in mortgage crisis - Tampabay.com
Rivals for Florida governor attack over roles in mortgage crisisTampabay.com"ALEX SINK STILL DUCKING QUESTIONS ON HER ROLE IN ISSUING PREDATORY SUBPRIME MORTGAGE LOANS TO FLORIDIANS," blared the news release, which portrayed Sink as ...and more »
2009-12-16 08:09:08 -
$150m mortgage scam: two arrested - ABC Online
$150m mortgage scam: two arrestedABC OnlineThe fraud squad is investigating the group over alleged fraudulent loans taken out against at least 200 properties in the Sydney metropolitan area. ...and more »
2009-12-16 08:18:17 -
Miners lead stock rebound - Sydney Morning Herald
Miners lead stock reboundSydney Morning HeraldHome loan and financial services provider Firstfolio signed a deal with Medibank Private to give the health insurer's members access to a mortgage check and ...and more »
2009-12-16 08:24:12 -
Fed keeps rates steady - India Infoline.com
Fed keeps rates steadyIndia Infoline.comTo keep credit flowing, it has bought long-term Treasurys, mortgage-backed securities and a number of other types of loans to both financial firms and major ...and more »
2009-12-16 08:49:05 -
Federal Reserve edges away from crisis measures - Washington Post
Federal Reserve edges away from crisis measuresWashington PostThe Fed had already said it will complete $1.25 trillion in purchases of mortgage-backed securities by the end of March, and it completed purchases of $300 ...
2009-12-16 09:01:35