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Source Match Finance News

Mortgage applications jump on refi demand: MBA (Reuters)

Txera Alonso (L) and Juan Carlos Bezarra, volunteers from the pressure group Berri-Otxoak walk towards the town hall during a Reuters - Applications for home mortgages jumped last week, fueled by increased demand for refinancing as interest rates fell, an industry group said on Wednesday.


Finance Bill to be published

Tax incentives aimed at luring senior multinational executives to Ireland, in a bid to boost job creation, will feature in the Finance Bill which is due to be published today.

Finance minister says losing sleep over rising subsidy bills

New Delhi, Feb 8 (IANS) A worried Finance Minister Pranab Mukherjee Wednesday said he is losing sleep over the rising subsidy bills, notably on food, fertiliser and petroleum products.

New lawsuits in Fair Finance case seek more than $1 billion

Billion. With a “b.”Fair Finance trustee Brian Bash says two companies that financed Indianapolis businessman Tim Durham’s purchase and operation of the now-bankrupt Akron company owe the estate more than $1 billion in actual and treble damages.

Eyes on dissident states as mortgage deal nears (Reuters)

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.

More US states to join foreclosure-abuse deal (AP)

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.

PerkStreet Announces the First Monthly Personal Finance Pulse

BOSTON, Feb. 7, 2012 /PRNewswire/ --  PerkStreet Financial surveyed expert personal finance writers from across the country last week in its first-ever, monthly "Personal Finance Pulse." Results ...

Analysis: Banks largely reserved for U.S. mortgage pact cost (Reuters)

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)

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)

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.

Research and Markets: Euromoney Encyclopedia of Debt Finance - 2nd Edition

Research and Markets has announced the addition of the "Encyclopedia of Debt Finance - 2nd Edition" book to t

Congressional Committees Face Campaign Finance Contortions

It is one of the most convoluted arrangements in Washington for complying with campaign finance laws - and that is saying something.

Finance: $1.06M budget surplus in three months

Finance Secretary Larrisa Larson reported yesterday a government budget surplus of $1.06 million in the first quarter of 2012-an improvement from the quarterly average deficit of $6.45 million in fiscal year 2011.

Vivint Solar, Clean Power Finance Partner To Offer Consumers Affordable Solar Financing

Vivint Solar™, a leader in simple, affordable solar solutions, is partnering with Clean Power Finance to bring more affordable financing options to homeowners interested in clean energy.

Another Boeing Loyalist Brightens the Skyline (The Motley Fool)

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)

Txera Alonso (L) and Juan Carlos Bezarra, volunteers from the pressure group Berri-Otxoak walk towards the town hall during a 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)

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.

Award-winning Lender MT Finance Expands and Launches Industry Exclusive Bridging Finance Product for European Investors

LONDON, February 6, 2012 /PRNewswire/ --MT Finance, the short term real estate non-status lender specializing in bridging finance, has added to its existing capabilities and launched a new service, targeting ...

Islamic Finance Training Comes to India: Ethica Grants Country Exclusivity License to Indian Partner

DUBAI, UAE, February 6, 2012 /PRNewswire/ --Today Ethica Institute of Islamic Finance, the most heavily enrolled Islamic finance training and certification institute in the world with over 20,000 paying ...

New York sues banks over electronic mortgage system (Reuters)

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)

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)

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)

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)

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)

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)

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)

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)

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)

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)

AP - Mortgage rates for the past 52 weeks, at a glance
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