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U.S. District Judge J. Curtis Joyner in Philadelphia ruled June 30 that Mortgage Electronic Registration Systems and its parent company, Merscorp Inc., collectively known as MERS, violated Pennsylvania law by using its members-only database to circumvent county recorder of deeds offices.
Cuts approved by the City Council have led to protests from city workers, including police and fire staff, who say they cannot afford the changes and feel betrayed by a city they have served and protected.
Federal Reserve officials are in broad agreement that they will likely announce an end to their monthly bond buying program in October, bringing to a close the third round of massive bond purchases the central bank has relied upon to boost economic growth following the Great Recession.
The Government will today be hit by the biggest strike over pay since it came to power when over a million public sector workers will walk out in bitter disputes over pay, pensions, jobs and spending cuts.
In the case of the Federal Reserve's unprecedented stimulus program that has been a big driver of the five-year stock rally, the end is finally near.
When it comes to family conversations, many parents aren't discussing their retirement plans or other financial matters with their adult children.
There was little movement with the Canadian dollar Wednesday amid stronger than expected figures for Canadian housing starts, and ahead of a key employment report on Friday.
Published reports say Citi is close to $7 billion deal to settle charges that it packaged bad mortgages during the run-up to the financial crisis.
Citigroup Inc is close to paying about $7 billion to resolve a U.S. probe into whether it defrauded investors on billions of dollars worth of mortgage securities in the run-up to the financial crisis, a source familiar with the matter said on Tuesday.
There's only one game in town Wednesday and that's the latest insight into Federal Reserve thinking on interest rates.
The markets tumbled on Tuesday, amidst a new report on the ongoing impact of the mortgage crisis.
In one program, the agency's internal affairs division shared employees' Social Security numbers with the FBI, looking for possible criminal leads.
Overall credit rose by $19.6 billion in May, down from a gain of $26.1 billion in April, the Federal Reserve said Tuesday.
Hereford and Worcester Fire and Rescue Service will operate a reduced service from 10am to 7pm during one of a long series of strikes in a row over pensions.
Freddie Mac says a 30-year fixed-rate mortgage fell to 4.12 percent in the week ending July 3. A year ago, 30-year rates averaged 4.29 percent.
Q: My parents are living with significant limitations from severe arthritis, macular degeneration, recent surgeries, plus the beginning of cognitive problems.
Updated: Thu Jul 10, 2014 01:43 am
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