Category Archives: Mortgage News

Fed gives OK for large banks to boost dividends, restart stock buybacks

Posted on March 18, 2011 by BrianCoester

–Housingwire.com Some of the largest banks in the country may boost dividends and restart stock repurchase plans now that theFederal Reserve has completed its comprehensive capital analysis and review. About two years ago, the central bank advised financial institutions “that … Continue reading →

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Fewer U.S. Mortgages 'Underwater' in Second Quarter

Posted on August 23, 2010 by BrianCoester

Fewer U.S. mortgages are now classified as underwater — where the home is worth less than the amount owed on the loan — driven by a greater number of foreclosures, a new report shows. The percentage of single-family homes with … Continue reading →

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