Reuters - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.
AP - Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.
Fri, 30 Jul 2010 00:50:15 GMT Florida mortgage firm settles federal charges
(AP) AP - Federal regulators say a Florida company they accused of misleading borrowers who were seeking to avoid foreclosure has agreed to repay the consumers $2.4 million to settle those charges.
Thu, 29 Jul 2010 22:30:00 GMT Congress to try to recoup Fannie, Freddie costs
(AP) AP - Lawmakers plan to study ways to get back some of the $145 billion the government has pumped into giant mortgage buyers Fannie Mae and Freddie Mac.
Thu, 29 Jul 2010 22:04:26 GMT Summary Box: Mortgage rates hit low of 4.54 pct.
(AP) AP - RATES KEEP FALLING: Mortgage company Freddie Mac said the average rate for 30-year fixed loans this week was 4.54 percent, down from 4.56 last week.
Thu, 29 Jul 2010 20:25:55 GMT
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