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Home lending surged at most large and regional banks in the second quarter, with home purchases overtaking refinances as the housing rebound gained even more solid footing. "The second quarter was a big quarter for everybody," said Simon Tahan, director of mortgage banking at the $23.6 billion-asset Webster Financial in Waterbury, Conn.
American International Group Inc. is holding out as rival mortgage. credit available to more homeowners at a time when mortgage rates are near record lows. The planned changes may also limit banks’.
CBC probe uncovers troubling practises. CBC news speaks to former bank employee. To read more: http://cbc.ca/1.4023575 Subscribe to CBC News to watch mor.
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Royal Bank of Scotland Group Plc agreed to pay $1.1 billion to settle the first of three major U.S. mortgage-backed securities probes the bank must overcome before it. in a series of settlements in.
Australia & New Zealand Banking Group Ltd. when asked if banks should pass on the rate cut in full. “My usual practice in answering this question has been to explain that there are a range of other.
Lenders including JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. must now provide $5.2. set for 2013 redefining not just mortgage finance, but also banking more generally, will not.
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All but three of the banks — HSBC, Nomura and Royal Bank of Scotland Group Plc — have settled. Goldman Sachs Group Inc. last week agreed to pay $3.15 billion to buy back mortgage-backed securities.
Foreclosure Fail: Study Pins Blame on Big Banks A study by government and academic researchers finds that approximately 800,000 homeowners missed out on mortgage modifications because of big banks.