Reuters - A mortgage servicing company's claims that would push responsibility for faulty mortgage loans onto Wall Street titan Morgan Stanley were dismissed by a Delaware court, according to a court filing.
Monday, August 23, 2010
Reuters - A mortgage servicing company's claims that would push responsibility for faulty mortgage loans onto Wall Street titan Morgan Stanley were dismissed by a Delaware court, according to a court filing.
Tuesday, August 17, 2010
Reuters - The house on the 53rd block of South Wood Street in Chicago's Back of the Yards doesn't look like a $355,000 home. There is no front door and most of the windows are boarded up.
Thursday, July 29, 2010
Reuters - Citigroup Inc will pay U.S. regulators $75 million to settle charges that it failed to disclose $40 billion in subprime exposure to investors in 2007, the Wall Street Journal reported on Thursday.
Thursday, July 29, 2010
Reuters - Citigroup Inc will pay U.S. regulators $75 million to settle charges that it failed to disclose $40 billion in subprime exposure to investors in 2007, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Thursday, July 22, 2010
AP - GOOD NEWS, BAD NEWS: Home sales sank and jobless claims rose, the latest signs of a faltering economic recovery. But a string of strong corporate earnings reports renewed Wall Street's optimism.
Tuesday, July 20, 2010
AP - Private mortgage insurer MGIC Investment Corp. surprised Wall Street on Tuesday by posting its first quarterly profit in three years as its foreclosure-related losses dropped.
Tuesday, July 20, 2010
AP - MORTGAGE PLAN STRUGGLES: The Obama administration's effort to help those at risk of losing their homes is in trouble, with 40 percent of the 1.3 million homeowners who signed up falling out. That could cause more foreclosures.
Thursday, July 15, 2010
Investor's Business Daily - Goldman Sachs NYSE:GS agreed to pay $550 million to settle SEC fraud charges Thursday, giving investors hope that the Wall Street giant is moving past the legal and public relations mess stemming from mortgage securities at the heart of the financial crisis.
Monday, July 12, 2010
Reuters - A hedge fund is taking aim at the world's biggest banks in an effort to recoup $1.2 billion it lost on subprime mortgages, entering a legal fight where so far Wall Street has largely been unscathed.
Monday, August 23, 2010
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