Consumer advocate and former Obama administration official Elizabeth Warren got into the nitty-gritty of campaigning for the U.S. Senate in Massachusetts on Tuesday, facing off in her first political debate.
The authors are Reuters Breakingviews columnists. The opinions expressed are their own.
The opinions expressed are his own.Pop quiz: What’s so bad about the financialization of the U.S. economy over recent decades?
The Vancouver housing market is attracting unusually strong demand but Canada as a whole does not face a housing bubble that requires government action, Finance Minister Jim Flaherty said on Wednesday.
One prison guard regularly questioned her about her sex life, accompanied her to medical exams
Greece will default on its debts, Ireland could too and Greek Prime Minister George Papandreou and German Chancellor Angela Merkel will be forced out as Europe's financial crisis plays out, author Michael Lewis predicted on Tuesday.
Bank of America Corp said Tuesday it will close its correspondent mortgage lending business by the end of the year after failing to find a buyer for the operation.
The U.S. economy is still suffering from a shocking drop in homeowners' equity and reforms are needed in how mortgage loans are originated and handled, Federal Reserve Governor Sarah Bloom Raskin said on Tuesday.
The U.S. economy is still suffering from a shocking drop in homeowners' equity and reforms are needed in how mortgage loans are originated and handled, Federal Reserve Governor Sarah Bloom Raskin said on Tuesday.
New York Attorney Eric Schneiderman and U.S. Senate candidate Elizabeth Warren have been filling a void in progressive politics.
The 24 people arrested, comprising 15 women and nine men, spent several hours in a jail in South Boston, but are unlikely to face any serious charges.
The state of California pulled out of multi-state mortgage negotiations with large U.S. banks, dealing a sharp blow to long-running efforts to secure a broad settlement over allegations of lending abuses.
A U.S. federal judge dismissed part of a case brought by European bond investors accusing Citigroup Inc. and its directors of misrepresenting or failing to disclose Citi's exposure to toxic mortgage assets and its own solvency.
The state of California pulled out of multi-state mortgage negotiations with large U.S. banks, dealing a sharp blow to long-running efforts to secure a broad settlement over allegations of lending abuses.
JPMorgan Chase & Co and Bank of America Corp were hit with new lawsuits by investors claiming losses on $4.5 billion of soured mortgage debt, adding to litigation targeting the two largest U.S. banks.
Bank of America will begin charging a $5 monthly fee at the start of next year for customers who make debit card purchases.
The largest U.S. banks, eager to get legal protection after widespread evidence emerged of foreclosure shortcuts, are trying to convince California to be part of a multi-state mortgage settlement and not pursue its own aggressive deal.
Amid a sluggish U.S. economy with inadequate job growth, there has been one unabashed bright spot: home mortgage interest rates, currently about 4.10 percent for a 30-year, fixed-rate mortgage, are the lowest in decades. Is now a good time to take the plunge a purchase a home?
Federal Reserve Chairman Ben Bernanke said on Wednesday the central bank might need to ease monetary policy further if inflation or inflation expectations fall significantly.
The Federal Reserve's move last week to further lower borrowing costs was risky and won't significantly speed up a painfully protracted recovery, one of the officials who dissented against the decision said on Thursday.
Resale home prices rose to a record high in July, their eighth consecutive monthly gain, according to report on Wednesday that an analyst said signaled a gradual slowdown in a strong market.
Applications for U.S. home mortgages rose last week, reflecting a jump in demand for home loan refinancing as mortgage rates dropped, an industry group said on Wednesday.