Citi Homeowners Lose Mortgage Modification Appeal Suit
The plaintiffs alleged that Citi did not honor agreements to lower homeowners' monthly mortgage payments under U.S. Treasury's Home Affordable Modification Program. Homeowners say that Citi broke promises to make their loan modifications permanent if …
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BofA's new mortgage program avoids federal agency that has won big fines from …
Bank of America has introduced a new type of home loan that underscores its pullback from making similar mortgages insured by a government agency that has won large settlements from big banks. … “There is a need in today's marketplace for more …
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Gee, web Westpac must have thought hard about passing on the cost of regulation to …
The news came on Wednesday that Westpac was raising its standard variable home loan rate by 20 basis points. It had been expected and demonstrates yet again that when the choice comes between profits and customers, sales banks will always choose profits.
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