New federal rules aim to curb risky mortgages
Federal regulators for the first time are laying out rules aimed at ensuring that mortgage borrowers can afford to repay the loans they take out.
US consumer debt rises on more car, school loans
U.S. consumers took on more debt in November to buy cars and attend school, but stayed cautious with their credit cards. The Federal Reserve said ...
US banks to pay $8.5B in mortgage settlement
Hundreds of thousands of Americans stand to benefit from the latest mortgage-abuse settlement, but consumer advocates say U.S. banks may be getting ...
10 banks agree to pay $8.5B for foreclosure abuse
Ten major banks agreed Monday to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on homeowners who should have been ...
Fiscal-cliff deal no recipe for a robust economy
Housing is rebounding. Families are shrinking debts. Europe has avoided a financial crackup. And the fiscal cliff deal has removed the most urgent ...
US rate on 30-year mortgage slips to 3.34 pct.
Average U.S. rates on fixed mortgages moved closer to their record lows this week, a trend that has made home buying more affordable and helped ...
Discover Financial Services 4Q net income rises
Discover Financial Services on Thursday reported higher earnings for its fiscal fourth quarter, as users of its namesake credit card stepped up ...
US home sales surge to highest level in 3 years
U.S. sales of previously occupied homes jumped to their highest level in three years last month, bolstered by steady job gains and record-low mortgage ...
German real estate booms as people seek security
Buying a home in Berlin is widely viewed as one of the safest investments a German, or any European, can make. That is why some real-estate experts ...
Rate on US 30-year mortgage dips to 3.32 pct.
Average U.S. rates on fixed mortgages fell this week near record lows, providing more incentive for Americans to buy homes and refinance.
Bank repossessions hit 9-month high in November
U.S. home repossessions rose to a nine-month high in November, even as the number of homes starting on the path to foreclosure declined to the lowest ...
Spaniards hope for eviction reprieve amid crisis
Irene Gonzalez is desperately waiting to hear if she'll benefit from an emergency government decree that protects Spaniards such as her from being ...
US consumer borrowing rises to record $2.75T
Americans swiped their credit cards more often in October and borrowed more to attend school and buy cars. The increases drove U.S. consumer debt to ...
Rate on US 30-year mortgage ticks up to 3.34 pct.
Average U.S. rates on fixed mortgages ticked up this week just slightly above their record lows, keeping home-buying and refinancing attractive to ...
Short sales outpacing sales of bank-owned homes
Sales of U.S. homes facing foreclosure are on the rise and outpacing sales of bank-owned homes, a reflection of stepped up efforts this year by ...
US pending home sales jump to nearly a 6-year high
An index measuring the number of Americans who signed contracts to buy homes in October jumped to nearly its highest level in almost six years.
Rate on US 30-year mortgage ticks up to 3.32 pct.
Average U.S. rates on fixed mortgages stayed close to record lows this week, a trend that has made home buying more affordable and helped the housing ...
TransUnion: Late auto-loan payments rose in 3Q
More Americans fell behind on their auto-loan payments in the third quarter, when back-to-school shopping and other needs traditionally put a strain ...
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