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Bernanke recouped personal losses in 2009 (Reuters)
7/30/2010 4:25 PM
Reuters - Federal Reserve Chairman Ben Bernanke's personal finances recovered in 2009, disclosure forms released by the central bank on Friday showed...Read More
 
Cuomo widens insurer probe with 6 more subpoenas (Reuters)
7/30/2010 1:32 PM

...Read More

 
Reverse Mortgages Aren't Catching On (U.S. News & World Report)
7/30/2010 10:51 AM
U.S. News & World Report - The reverse mortgage industry, hammered for high fees and high pressure sales tactics, has steadily improved its procedures and its image. Loan fees and interest rates have been lowered, consumer disclosure has improved, and the federal government's insured reverse mortgage program has provided stability and credibili...Read More
 
Fannie Mae portfolio grows, delinquencies decline (Reuters)
7/30/2010 9:22 AM
Reuters - Fannie Mae expanded its mortgage portfolio in June, while the rate of late payments on loans it guarantees fell in May to the lowest level this year, the largest U.S. home loan purchaser said on Friday...Read More
 
NY AG announces probe of life insurance industry (AP)
7/29/2010 10:45 PM
AP - State Attorney General Andrew Cuomo said Thursday that he had opened a fraud investigation into how life insurers pay out benefits after policyholders die...Read More
 
MetLife posts Q2 earnings of $1.5 billion, beating Street (Reuters)
7/29/2010 5:43 PM
Reuters - MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by higher premium revenue from sales domestically and abroad...Read More
 
Florida mortgage firm settles federal charges (AP)
7/29/2010 5:30 PM
AP - Federal regulators say a Florida company they accused of misleading borrowers who were seeking to avoid foreclosure has agreed to repay the consumers $2.4 million to settle those charges...Read More
 
PMI Group narrows loss, but shares tumble (AP)
7/29/2010 5:29 PM
AP - PMI Group Inc. on Thursday reported a nearly $151 million loss, narrower than a year ago but far wider than Wall Street expected. Shares of the mortgage insurer tumbled nearly 15 percent...Read More
 
Congress to try to recoup Fannie, Freddie costs (AP)
7/29/2010 5:04 PM
AP - Lawmakers plan to study ways to get back some of the $145 billion the government has pumped into giant mortgage buyers Fannie Mae and Freddie Mac...Read More
 
Summary Box: Mortgage rates hit low of 4.54 pct. (AP)
7/29/2010 3:25 PM
AP - RATES KEEP FALLING: Mortgage company Freddie Mac said the average rate for 30-year fixed loans this week was 4.54 percent, down from 4.56 last week...Read More




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