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 Eyes on dissident states as mortgage deal nears (Reuters) 7 Feb 2012 at 7:44pm Reuters - A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said. Analysis: Banks largely reserved for U.S. mortgage pact cost (Reuters) 7 Feb 2012 at 2:32pm Reuters - As the nation's five largest mortgage lenders edge close to a $25 billion settlement over foreclosure abuses, it's becoming clear that the deal will have little or no impact on their future bottom lines. How Boeing Measures Up (The Motley Fool) 7 Feb 2012 at 2:24pm The Motley Fool - Aerospace and defense giant Boeing (NYSE: BA - News) recently posted decent fourth-quarter numbers followed by a weak future outlook. While that information could be useless out of context, a broader view will help in judging where the company stands at present. Here's an analysis of Boeing's strengths, weaknesses, opportunities, and threats which should help develop a more complete picture about the company. Delaware officials wrestle over mortgage deal (Reuters) 7 Feb 2012 at 11:38am Reuters - Delaware stands to leave up to $40 million in homeowner relief on the table, if it does not join a multi-state mortgage settlement, according to a letter from the state's banking commissioner seen by Reuters on Tuesday. More US states to join foreclosure-abuse deal (AP) 7 Feb 2012 at 5:38pm AP - Arizona, Michigan and Florida, three of the states hit hardest by the housing crisis, will join a nationwide settlement over foreclosure abuses, officials with direct knowledge say. They will join more than 40 other states in approving a deal that would benefit many Americans who lost their homes or can't afford their mortgages. Another Boeing Loyalist Brightens the Skyline (The Motley Fool) 6 Feb 2012 at 8:52pm The Motley Fool - Thanks to the nuclear buildup in Iran, defense deals are pouring in. Backed by a solid reputation and loyal customers, Boeing (NYSE: BA - News) seems to have successfully cashed in on the scenario, as it ended 2011 with a bang.  Housing plan helps nearly 1 million homeowners (Reuters) 6 Feb 2012 at 5:26pm Reuters - Nearly 1 million U.S. homeowners have won permanent reductions on mortgage payments since the Obama administration launched its foreclosure prevention program in 2009, the U.S. Treasury said on Monday, only a fraction of the total it aimed to reach. Fidelity Nat'l to buy O'Charley's restaurant chain (AP) 6 Feb 2012 at 10:20am AP - A title insurance and mortgage services company that already owns a stake in the Bakers Square restaurant chain is buying the restaurant operator O'Charley's Inc., the companies announced Monday. New York sues banks over electronic mortgage system (Reuters) 3 Feb 2012 at 5:54pm Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices. NY's Schneiderman sues banks in foreclosure effort (AP) 3 Feb 2012 at 1:35pm AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures. Goldman to face mortgage debt class-action lawsuit (Reuters) 3 Feb 2012 at 12:37pm Reuters - Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender. If Japan Is Our Worst-Case Scenario, We're All Right (The Motley Fool) 3 Feb 2012 at 10:09am The Motley Fool - In 1991, former MIT dean Lester Thurow wrote that If one looks at the last 20 years, Japan would have to be considered the betting favorite to win the economy honors of owning the 21st century. Analysis: Obstacles high for more mortgage prosecutions (Reuters) 2 Feb 2012 at 9:09pm Reuters - Despite the determination of President Obama to take Wall Street to court for the financial crisis, prosecutors face an uphill struggle to win more convictions like the two they scored on Wednesday against former Credit Suisse Group AG mortgage traders. Rate on 30-year mortgage falls to record 3.87 pct. (AP) 2 Feb 2012 at 7:01pm AP - The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed. 3 investments for an era of low interest rates (AP) 2 Feb 2012 at 5:50pm AP - The Federal Reserve is making it increasingly hard for investors to earn anything, unless they're willing to accept plenty of risk. Ben Bernanke and his Fed are playing the role of adviser, encouraging Americans to get a little more adventurous by shifting savings out of low-yielding bonds and putting it to work in stocks. Wynn's 4th-qtr profit up 67 pct as revenue climbs (AP) 2 Feb 2012 at 5:25pm AP - Wynn Resorts Ltd. said Thursday that revenue growth in its Macau and Las Vegas casinos and a sizable income tax gain helped drive profit up 67 percent in the last three months of 2011. Sallie Mae will credit $50 fee to suspend payments (AP) 2 Feb 2012 at 4:29pm AP - Private student lender Sallie Mae is changing how it handles a fee it charges struggling borrowers who seek to temporarily suspend payments. Summary Box: Sallie Mae changes policy on loan fee (AP) 2 Feb 2012 at 4:05pm AP - THE NEWS: Private student lender Sallie Mae is changing how it handles a fee that struggling borrowers must pay to temporarily suspend payments. Mortgage rates for the past 52 weeks, at a glance (AP) 2 Feb 2012 at 10:25am AP - Mortgage rates for the past 52 weeks, at a glance Obama plan to lower mortgage payments could help, but how much? (The Chr... 1 Feb 2012 at 7:13pm The Christian Science Monitor - President Obama fleshed out a new mortgage-relief plan Wednesday, saying the steps he outlines would help millions of responsible homeowners and the US economy. Click here to view the "7 Reasons Why You Need XSitePro Now!" video About Susanna | Testimonials |
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