MORTGAGE

A report this week showing rampant foreclosure abuse in San Francisco reflects similar levels of lender fraud and faulty documentation across the United States, say experts and officials who have done studies in other parts of the country.

The Organization for Economic Cooperation and Development released a report Tuesday calling on Germany to raise its property taxes dramatically. The group has also called on Denmark, Norway, and the U.K. to do the same.

The Consumer Financial Protection Bureau proposed a rule to include consumer reporting agencies and debt collectors in its efforts to supervise nonbank financial companies. The rule's passage would put those sectors of the lending industry under the umbrella of federal oversight for the first time.

U.S. 30-year fixed-rate mortgage rates remained at a record low of 3.87 percent for the third consecutive week ended Feb. 16, Freddie Mac said.

The careworn house not far from Santa Monica Boulevard resembles millions of other homes that have been foreclosed on since the calamitous U.S. housing crash four years ago.

Legal wrangling over the proposed $8.5 billion settlement of some of Bank of America Corp's mortgage-backed securities liability could drag through the courts for years, a top appeals court judge said during arguments in the case.

Citigroup Inc has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government into insuring thousands of risky home loans made by its CitiMortgage unit.

Real estate appraiser Jonathan Miller disagrees with NAR's prediction of low housing inventory resulting in rising (or at least stabilizing) prices, claiming that it merely reflects a slowdown in foreclosures that will be reversed with the robo-signing agreement.

Citigroup Inc has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government into insuring thousands of risky home loans made by its CitiMortgage unit.

Citigroup Inc has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government over some home loans from its CitiMortgage unit.

U.S. mortgage applications decreased by one percent in the week ending Feb. 10, compared to the previous week, according to the Mortgage Bankers Association.

Applications for home mortgages slipped last week, pulled lower by a steep drop in demand for home purchases, an industry group said on Wednesday.

One frequent criticism of the Occupy movement was its lack of coherence in formulating demands. Today, the 99 Percent Declaration puts an end to those assertions.

Q&A with author Mary A. Ellenton on her debut novel, “Flipping.”

Nearly half of cash-back cards, or 48 percent, paid 1 percent cash back from the first dollar of spending, up 44 percent last year, according to a credit card study conducted by Bankrate.com. Fourteen percent of cash-back cards paid more than 1 percent.

When they saw the house on El Dorado Drive in this Los Angeles suburb being painted a startling orange and green and giant billboards hung on the outside, Scott and Beth Hostetler's neighbors were initially angry and confused. Some even considered calling the police.

When they saw the house on El Dorado Drive in this Los Angeles suburb being painted a startling orange and green and giant billboards hung on the outside, Scott and Beth Hostetler's neighbors were initially angry and confused. Some even considered calling the police.

A number of top Federal Reserve officials likely saw a need for additional monetary easing at the central bank's meeting last month, although there are few signals the central bank will move soon.

Jimmy McMillan, better known as The Rent Is Too Damn High guy, gave an impromptu speech at the Conservative Political Action Conference (CPAC) 2012 on Saturday.

A source has told American Banker that the terms of this week's massive national mortgage servicing settlement have not been finalized, and that politics drove Thursday's announcement

Bank of America has been reporting Arthur Livingston, of South Carolina, as dead to the three major credit agencies since May 2009. Although he is very much alive, the regional manager of a chemical company's credit report reads, File not scored because subject is deceased.