Now it turns out the deal is even sweeter for the lenders than it appears: Taxpayers will subsidize them for the money they're ponying up.
Read more: Lenders will get help from taxpayers
Sunday, January 20, 2013
Lenders will get help from taxpayers
WASHINGTON - Consumer advocates have complained that U.S. mortgage lenders are getting off easy in a deal to settle charges that they wrongfully foreclosed on many homeowners.
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Reuters: Business News
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2013
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January
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- Is the Refi 'Apocalypse' Really Upon Us?
- Peaks and Valleys of House Hunting Online
- RealtyTrac Ranks Best Metros to Buy Foreclosures i...
- Report: Remodeling Projects that Yield the Greates...
- NYT: U.S. Economy Unexpectedly Cont
- Remember the Yen Carry Trade? Well, It’s Back
- Case-Shiller Indexes Show Sharp Annual Gain in Nov...
- Plan for casino near Glendale led to flurry of lob...
- Research Points to Strong Multifamily Sector This ...
- Real-estate investor pleads guilty to count of wir...
- The death of the mortgage broker? - MarketWatch
- Freddie Mac's New Short Sale Process ‘Beginning to...
- Fed President: Dodd-Frank Made 'Too Big To Fail' A...
- Home Values See Largest Annual Gain Since 2006
- Monthly Drop in Home Sales No Cause for Despair
- Rebound: Building a More Resilient World - The Huf...
- Sales of U.S. Existing Homes Decrease on Lack of S...
- DFW Real Estate Investments: Bank of America Looki...
- CFPB's New Rules Ban Incentives for Risky Mortgages
- CFPB Announces Rules for Appraisals and Higher-Pri...
- Mortgages - Loans for Fixer-Uppers - NYTimes.com
- Home building surges 12% - Jan. 17, 2013
- Resort owners bring in Parker
- Lenders will get help from taxpayers
- Goldman, Morgan Stanley settle foreclosure suit
- Decision on Phoenix Frank Lloyd Wright house delayed
- Social Security checks soon will be obsolete
- Housing Recovery Bailed Out 1.4 Million Underwater...
- Metro Phoenix housing prices continue to rise
- Reinventing retirement community
- Metro Phoenix bankruptcies post double-digit dip i...
- Bank of America reaches $11.6 billion settlement w...
- Banks out $8.5 bil for loan abuse
- El Monte Plaza sells for $9.9M
- Will Added Competition Threaten First-Time Homebuy...
- US homebuilder confidence steady near 7-year high
- Canadians living in US struggle to obtain credit
- Exclusive: Morgan Stanley to defer high-earners' b...
- The Rise and Fall of REO Sales
- California Broker Explains Short Sale Lease Back P...
- Annual Home Price Increase is Largest Since 2006
- Mezzanine Loans Return
- REO-to-rental market quickly becoming asset class ...
- 6 tips for buying a fixer-upper | Inman News
- Taxes are rising, but it could have been more pain...
- Top ten Scottsdale developments contain some gems
- Sale seals future of historic Frank Lloyd Wright home
- Gilbert OKs subsidy to lure major project
- Pending home sales highest in 21/2 years
- Housing starts slowed to 861K in Nov.
- East Mesa development plans back on track | KJZZ.org
- Too big to fail means too big for jail - Business ...
- Judge’s ruling gives Mountain Shadows owners a leg up
- SkySong housing work seen as development boost
- Homebuilding permits up 79% in Scottsdale
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