Tag: mortgages
mortgages
Thursday, February 9th 2012 - 23:43 UTC
Obama/banks mortgage-deal to rescue US doomed and struggling homeowners
President Barack Obama administration and top US mortgage lenders unveiled a landmark 25 billion dollars deal Thursday to help struggling homeowners get back on their feet and to reignite the moribund housing market.
Published in:
Economy, Politics, United States.
Monday, June 6th 2011 - 17:53 UTC
Controversy in the US over a 20% down-payment on home loans
The United States mortgage market has gone and is going through rough changes. Many laws have been introduced regarding lending and borrowing and a new initiative is again triggering debate as to its effects on the mortgage market.
Published in:
Economy, United States.
Friday, July 30th 2010 - 06:00 UTC
Citibank agrees fine to settle charges it misled investors with high risk mortgages
Banking giant Citigroup has agreed to pay 75 million US dollars to settle civil charges that it misled investors over potential losses from high-risk mortgages. It agreed the settlement with US financial watchdog the Securities and Exchange Commission (SEC).
Published in:
Economy, Politics, International.
