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News Headlines
Citigroup Whistle-Blower Says Bank'...
Published:Wed, 15 Feb 2012 21:01:00 -0800
Four years after rotten mortgageshelped trigger a global financial crisis, Sherry Hunt said herCitigroup Inc. quality-control team was still finding flaws innew loans that include......
Citigroup Whistle-Blower Says Bank’s ...
Published:Wed, 15 Feb 2012 22:44:06 -0800
Four years after rotten mortgages helped trigger a global financial crisis, Sherry Hunt said her Citigroup Inc. quality-control team was still finding flaws in new loans that incl......
Commonwealth Bank’s First-Half Profit...
Published:Tue, 14 Feb 2012 14:23:06 -0800
Commonwealth Bank of Australia, the nation’s biggest lender, said first-half profit rose 19 percent as few loans soured.......
Bad Home Loans Top $72 Billion in ‘Co...
Published:Tue, 07 Feb 2012 21:56:00 -0800
Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry’s practices......
Bad Home Loans Top $72B for Banks...
Published:Wed, 08 Feb 2012 08:11:16 -0800
Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry’s practices......


Citigroup Whistle-Blower Says Bank's ‘Brute Force' Hid Bad Loans From U.S.
Published:Wed, 15 Feb 2012 21:01:00 -0800  
Four years after rotten mortgageshelped trigger a global financial crisis, Sherry Hunt said herCitigroup Inc. quality-control team was still finding flaws innew loans that included altered tax forms, straw ......

Citigroup Whistle-Blower Says Bank’s ‘Brute Force’ Hid Bad Loans
Published:Wed, 15 Feb 2012 22:44:06 -0800  
Four years after rotten mortgages helped trigger a global financial crisis, Sherry Hunt said her Citigroup Inc. quality-control team was still finding flaws in new loans that included altered tax forms, straw buyers and borrowers who listed fictitious employers....

Commonwealth Bank’s First-Half Profit Exceeds Estimates on Fewer Bad Loans
Published:Tue, 14 Feb 2012 14:23:06 -0800  
Commonwealth Bank of Australia, the nation’s biggest lender, said first-half profit rose 19 percent as few loans soured....

Bad Home Loans Top $72 Billion in ‘Colossal Failure’: Mortgages
Published:Tue, 07 Feb 2012 21:56:00 -0800  
Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry’s practices....

Bad Home Loans Top $72B for Banks
Published:Wed, 08 Feb 2012 08:11:16 -0800  
Costs from faulty mortgages and shoddy foreclosures have topped $72 billion at the biggest U.S. banks as they near a settlement of a 50-state probe into the industry’s practices....

BMO Retirement Tips of the Day: Debt & Retirement-Good vs. Bad Debt and Paying Down the Mortgage
Published:Wed, 08 Feb 2012 05:00:00 -0800  
TORONTO, ONTARIO-- - As the February 29th deadline approaches to make a contribution to a Registered Retirement Savings Plan and as part of its ongoing commitment to improving financial literacy, BMO Financial ......

Citigroup mortgage unit agrees to pay fines over sleazy loans
Published:Wed, 15 Feb 2012 21:59:20 -0800  
It’s the stench that won’t go away. Wall Street’s biggest banks can’t seem to shake off the stink from the toxic mortgages concocted during the housing boom — loans that have soured and cost taxpayers billions of dollars. A Citigroup mortgage unit yesterday became the latest to......

How To Overcome Bad Credit
Published:Wed, 15 Feb 2012 10:18:27 -0800  
Some lenders can look overlook your credit score and assess other factors that fairly determine if you are a reasonable credit risk....

UPDATE 2-Bank of Ireland seen on the turn after profit fall
Published:Mon, 20 Feb 2012 01:14:06 -0800  
* Underlying 2011 operating profit 411 mln euros vs 1 bln in2010 * Impairments up 4 pct, mortgage arrears expected to peak in2012 * Staff cut by 7 pct, deposits growth outstrips peers * Shares up 6.4 pct ......
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