JPMorgan Settlement Over Military Families’ Mortgages Approved – BusinessWeek
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JPMorgan Settlement Over Military Families' Mortgages Approved
BusinessWeek A Michigan judge found in 2009 that Saxon Mortgage, the Morgan Stanley unit, and Deutsche Bank Trust Company Americas violated the servicemembers law by foreclosing on a US Army sergeant's home in Michigan. The case later settled and terms of the … |
US Agencies Probing Goldman Findings After Senate Referral – BusinessWeek
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US Agencies Probing Goldman Findings After Senate Referral
BusinessWeek … report that found Goldman Sachs Group Inc. misled clients about mortgage-linked securities. Senators Carl Levin of Michigan, the Democratic chairman of the Permanent Subcommittee on Investigations, Tom Coburn of Oklahoma, the senior Republican, … |
Treasury Yield Is Near 9-Month High Before Debt Auctions – BusinessWeek
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Treasury Yield Is Near 9-Month High Before Debt Auctions
BusinessWeek The average rate on a 30-year fixed mortgage has been 4.61 percent, in line with 2010's 4.69 percent and lower than the 5.93 percent of the past decade, … |
Consumer Sentiment in US Probably Rose in November on Jobs – BusinessWeek
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Consumer Sentiment in US Probably Rose in November on Jobs
BusinessWeek The Thomson Reuters/University of Michigan preliminary sentiment index rose to 69 from a final reading of 67.7 in October, according to the median of 66 … |
Overhaul of Financial Regulation on Path to Obama’s Desk – BusinessWeek
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Overhaul of Financial Regulation on Path to Obama's Desk
BusinessWeek Derivatives took a central role in the debate over Wall Street regulation after losing bets on swaps tied to mortgage- backed securities pushed New … |
UK Scraps FSA, Bank Stress, Swaps and Error Rules: Compliance – BusinessWeek
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UK Scraps FSA, Bank Stress, Swaps and Error Rules: Compliance
BusinessWeek … results of evaluations it carried out on 19 financial institutions to determine whether they needed more capital following the subprime mortgage crisis. … |
Goldman Sachs Hudson CDO Said to Be Target of Second SEC Probe – BusinessWeek
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Goldman Sachs Hudson CDO Said to Be Target of Second SEC Probe
BusinessWeek … by Michigan Democrat Carl Levin, released e-mails in April related to Goldman Sachs's mortgage-linked deals, including the Hudson Mezzanine transaction. … |
Wells Fargo Loses Minnesota Trial for Investor Losses – BusinessWeek
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Wells Fargo Loses Minnesota Trial for Investor Losses
BusinessWeek As subprime-mortgage losses mounted in 2007, SIVs found investors unwilling to buy their debt on concern they owned assets linked to souring home loans. … |