WASHINGTON, May 23 (UPI) -- Troubled U.S. homeowners could save up to $823 million from a predatory lending settlement reached this week with Bank of America, state officials say.
WASHINGTON, April 9 (UPI) -- New banking regulations proposed by the U.S. Treasury in March would intrude upon or supersede state controls, a number of state regulators say.
NEW YORK, Jan. 24 (UPI) -- Wall Street regulators reportedly are working to defuse a potential financial time bomb caused by shaky conditions of bond insurers.
NEW YORK, Dec. 5 (UPI) -- New York prosecutors have subpoenaed major Wall Street firms for information about packaging and selling subprime mortgages, a published report said Wednesday.
NEW YORK, Oct. 15 (UPI) -- Black and Hispanic New York home buyers were more likely to get high-interest subprime mortgages than similar-income white buyers, a university analysis found.
WASHINGTON, April 18 (UPI) -- Fannie Mae and Freddie Mac will buy billions of dollars in subprime home mortgage loans, the U.S. mortgage finance companies said Wednesday.
MCLEAN, Va., March 29 (UPI) -- The benchmark 30-year fixed-rate U.S. mortgage was unchanged at 6.16 percent, housing finance company Freddie Mac said Thursday.
NEW YORK, March 2 (UPI) -- Foreclosures among high-risk U.S. mortgages could create the worst mortgage crisis since the 1980s, a published report said Friday. Rising foreclosures and defaults have pushed more than 20 lending companies into bankruptcy, The Christian Science Monitor
MCLEAN, Va., Feb. 27 (UPI) -- U.S. mortgage finance company Freddie Mac will stop buying subprime mortgages likely to foreclose, the company said Tuesday.
WASHINGTON, Dec. 10 (UPI) -- A new study indicates black and elderly Americans are more likely to receive higher-cost, subprime mortgages even if they pose a similar credit risk.
