bank mortgage loans
- Northern Rock rescue to cost taxpayers £2bn
Financial Times
By Sharlene Goff, Retail Banking Correspondent Rescuing Northern Rock, the mortgage lender whose 2007 collapse fuelled the financial crisis, will ultimately cost British taxpayers £2bn, a report from the National Audit Office has found. - New York Relied on MBIA-Hired Firm for Approval, Lawyer Says
BusinessWeek
Bank of America and Societe Generale have another lawsuit pending against MBIA while MBIA is suing Bank of America over mortgage loans. The insurance regulator approved the restructuring after finding that all policyholders would be protected, ...and more » 
MainStreet10 Confusing Banking Terms Explained
MainStreet
This typically involves having combined deposits, investments and installment loans, including a mortgage or auto loan, totaling, on average, between $15000 and $75000 at one financial institution. “They want their bank to be [a customer's] one ...- The great foreclosure deception; big banks renege on Obama deal
Examiner.com
As MSNBC reports, “loans in foreclosure generate a laundry list” of fees for home inspectors, mortgage servicing companies and even home maintenance firms. The banks themselves also tack on late charges and other fees to further harry homeowners ...and more » - Federal Home Loan Bank of New York Declares a 4.50% Dividend For the First ...
Sacramento Bee
"The Federal Home Loan Bank of New York has remained focused on our core mission of providing advances to our members when they need them to support responsible mortgage financing and promote a competitive lending environment," said Alfred A. DelliBovi ...and more » 
The Consumerist (blog)Man Commits Suicide After Years Of Fighting Wachovia & Wells Fargo Over ...
The Consumerist (blog)
They made a 30% down payment and spent the next several years making their payments to the bank on-time and in-person. They also spent several years dodging suggestions from Wachovia to refinance their mortgage. But five years ago, a Wachovia rep got ...
Inland Empire NewsForeclosures plunge to five-year low in US
Inland Empire News
Banks are finding alternatives to home seizures, selling distressed property for less than the amount owed on the mortgage, known as a short sale, or modifying loans for borrowers struggling to keep up payments while an improving economy is helping to ...and more » 
NOLA.comForeclosures in US down in April, report says
NOLA.com
A $25 billion settlement reached in February between the nation's biggest mortgage lenders and state officials has since cleared the way for banks to take action on unpaid mortgages. In California, Arizona, Nevada and many other so-called non-judicial ...and more » - Short Sales Push Home Foreclosures to Lowest Level in 5 Years
Go Banking Rates
Big banks like Bank of America and Wells Fargo are pushing for these mortgage arrangements, even agreeing to offer homeowners cash incentives in exchange for selling their homes at a lower price. This route allows lenders to save money on higher costs ...and more » - GH Bank: Sluggish enrolment in zero-interest mortgage scheme
Bangkok Post
A zero-interest mortgage programme launched by the government late last year has attracted "lower than expected" interest from potential homebuyers, says the Government Housing Bank (GH Bank). Just 3.5 billion baht in loan applications have been ...
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