When Guaranty Financial Group Inc. was spun off from Austin-based Temple-Inland Inc. at the end of 2007, the new company told investors that the future looked bright. The company said in its first annual report that it was “charting a new course …
“Let me put it this way. It’s like food stamps,” said the mortgage modification telemarketer trying to talk consumer advocate and Red Tape Chronicles blogger Bob Sullivan into a new loan. Following the trail of who this guy works for lead Sullivan to …
WASHINGTON — Treasury Secretary Timothy Geithner said yesterday that a new agency focused on protecting consumers was needed because the mission currently is too scattered among various regulators. This results in “finger-pointing in place of action …
BRIDGEPORT — The developers of the Lofts at 881 have turned to an auction house after getting caught with about 19 condos on the wrong side of the housing market slide. “You’re going to see more of these types of auctions in Connecticut,” said …
Senator Dan Boyle has criticised the decision of Permanent TSB to increase its mortgage lending rate Green Party Finance spokesperson Senator Dan Boyle has criticised the decision of Permanent TSB to increase its mortgage lending rate, while European …
If you’re facing foreclosure, have an escalating mortgage or just have credit and debt problems, Supervisor Carmen Chu is here to help. Courtesy photo Supervisor Carmen Chu. The supervisor will host a resource fair Saturday, along with Congresswoman …
BRIDGEPORT — The developers of the Lofts at 881 have turned to an auction house after getting caught with about 19 condos on the wrong side of the housing market slide. “You’re going to see more of these types of auctions in Connecticut,” said …
Long-term mortgage rates rose just a fraction this week, and remain well below year-ago levels. Freddie Mac ’s weekly rate report says 30-year fixed-rate mortgages averaged 5.20 percent this week, up from 5.14 percent last week. A year ago, 30-year …
Delinquencies on commercial mortgage backed securities soared $10 billion in June, hitting a 12-month high of almost $29 billion, according to Realpoint Research. California led the nation with the highest amount of delinquent loans, closely followed …
Citigroup Inc. pumped more fresh blood into its board, appointing three directors with résumés that reflect experience in turning around troubled financial institutions and a deep understanding of regulatory issues. The moves come amid pressure …
