July 3, 2013
Citigroup Inc announced the settlement of a lawsuit filed by the Federal National Mortgage Association, also known as Fannie ...
February 13, 2013
Citigroup Inc. C) is contemplating to release reserves created against bad mortgages of its Citi Holdings division. As per ...
January 8, 2013
On Monday, Bank of America Corporation (BAC) announced a settlement with Fannie Mae (FNMA) worth about $10.3 billion. The ...
November 19, 2012
Banking behemoths JPMorgan Chase & Co. (JPM) and Credit Suisse Group (CS) have agreed to resolve the allegations leveled ...
November 6, 2012
While the housing sector continues to grind forward, federal investigators have been busy uncovering the reasons for the ...
August 23, 2012
Homeowners of underwater properties have a reason to rejoice thanks to the introduction of new guidelines from the two government-sponsored ...
April 18, 2011
Bank of America resolves another problem and gives some hope to bond insurers.