Home Loans Charlotte

Parent Company of LendingTree Tries to Speed Sale of Its Home Loan Unit - LoanSafe

Parent Company of LendingTree Tries to Speed Sale of Its Home Loan Unit LoanSafe The two companies entered into an agreement in May 2011 for Discover to acquire most of the assets of Tree.com's Home Loan Center, as the Charlotte company hoped to focus on its core business. The companies hoped to have the sale closed by the end of ... Tree.com Amends Definitive Agreement to Sell Certain Assets of Home Loan ...Sacramento Bee all 20 news articles »

Bad Home Loans Top $72 Billion in 'Colossal Failure': Mortgages - BusinessWeek

Bad Home Loans Top $72 Billion in 'Colossal Failure': Mortgages BusinessWeek The mounting costs are pushing lenders and regulators to resolve investigations and lawsuits over faulty home lending, including a 50-state review of foreclosures. The wrangling over the status of old loans has made some banks more reluctant to make ... and more »

Mortgage Bonds Face Eye of Storm as Refinancings Decline: Credit Markets - Bloomberg

Bloomberg

Mortgage Bonds Face Eye of Storm as Refinancings Decline: Credit Markets Bloomberg Enlarge image Housing Stress Rises Despite Fed's Efforts Housing Stress Rises Despite Fed's Efforts Joshua Lott/Getty Images Homeowner Marie Piantino waits to see if she qualifies for a home modification loan in Phoenix. and more »

Bank of America's Desoer to retire - Charlotte Observer

Charlotte Observer

Bank of America's Desoer to retire Charlotte Observer Her departure is a reflection of the bank's new strategy in mortgage lending and comes as the Charlotte bank is still weighed down by losses and legal liability from its 2008 acquisition of Countrywide Financial Corp. A 34-year veteran of the bank, ... With Role Lessened, Loan Chief Exits BofAWall Street Journal Bank of America Home Loans President Barbara Desoer to retireBizjournals.com (blog) Bank of America home loans president retiringReuters BusinessWeek all 32 news articles »

Mortgage deal nears as holdout states join - Reuters

The Guardian

Mortgage deal nears as holdout states join Reuters Schneiderman will also play a leading role in a federal-state working group Obama formed last month to investigate misconduct in the pooling and sale of risky home loans. MONEY BREAKDOWN Under the settlement, the banks would provide $17 billion in loan ... Banks back $26 billion settlementCharlotte Observer all 486 news articles »

American Banks Prove Inferior to Canadian Banks Led by TD - BusinessWeek

American Banks Prove Inferior to Canadian Banks Led by TD BusinessWeek By sticking to consumer lending and avoiding high-risk subprime loans and structured products, the Canadian lender posted profit of almost C$3 billion ($3 billion) in US consumer banking over the past three years, while bigger banks such as Bank of ... and more »

BofA Stalls Refinance Work as Wells Is 'Open for Business' - BusinessWeek

Bloomberg

BofA Stalls Refinance Work as Wells Is 'Open for Business' BusinessWeek The proposal would let homeowners who are current on their payments save $3000 a year through refinancing into lower-interest loans guaranteed by the Federal Housing Administration. “No more red tape; no more runaround from the banks,” Obama said in ... BofA stalls refi work, others openBradenton Herald all 17 news articles »