Beazer to refund millions to NC borrowers (AP)

AP - Beazer Mortgage Corp., which ceased operations more than a year ago, will refund $2.5 million to more than a thousand borrowers in North Carolina as part of a settlement over claims the Atlanta-based company violated state lending laws, state banking and company officials said Tuesday.

Congress gives final OK to mortgage fraud bill (Reuters)

Reuters - The U.S. House of Representatives gave final approval on Monday to a bill that will create an independent commission to investigate the cause of the U.S. economic meltdown and give federal prosecutors more legal clout and staff to crack down on financial fraud.

RETIRE EARLY and RICH with ViSalus

What to retire early and be rich? Contact us today!

AIG plans to spin off Asian life insurance unit (AP)

AP - American International Group Inc. plans to spin off its Asian life insurance unit in an initial public offering to help repay billions of dollars in U.S. government loans.

AIG looks to spin off Asian insurance unit (AP)

AP - American International Group is planning to spin off its Asian life insurance unit in an initial public offering as the faltering U.S. company seeks to repay billions in government bailout funding.

Wall Street may brake for housing, Home Depot (Reuters)

Reuters - Stocks are likely to hit more speed bumps this week as investors become more wary of Wall Street's ability to rally further and housing starts, jobless claims and other indicators are in the spotlight.

Stocks may brake for housing, Home Depot (Reuters)

Reuters - U.S. stocks are likely to hit more speed bumps next week as investors become more wary of Wall Street's ability to rally further and housing starts, jobless claims and other indicators are in the spotlight.

U.S. money manager takes aim at subprime servicer (Reuters)

Reuters - A money manager owned by Canada's Manulife Financial Corp is seeking to fire one of the largest subprime mortgage companies in the United States, claiming that Carrington Mortgage Services is unfairly tarnishing some bonds.

Obama’s personal finances are sound (AP)

AP - President Barack Obama's personal finances appear to be on sound footing even as the nation's economy struggles, a financial report he released Friday shows.

GMAC renames bank unit Ally Bank, drops own name (Reuters)

Reuters - GMAC LLC, stung by billions of dollars in losses at its auto finance and mortgage units, on Friday scrapped its own name from its banking unit, which it will now call Ally Bank in an effort to gain customers.

« Previous Page — Next Page »