AP - The U.S. Department of Housing and Urban Development is taking action against a reverse mortgage lender in Hawaii.
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AP - An Oxon Hill man has been sentenced to more than three years in prison for a mortgage fraud tied to 25 properties in Maryland, D.C. and Virginia worth millions of dollars.
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Reuters - U.S. consumer sentiment slipped this month as Americans fretted about personal finances and focused on paying down debt, a survey showed on Friday.
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AP - Rates for 30-year home loans climbed to 5.03 percent this week, the third consecutive weekly increase.
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AP - Mortgage approvals in the U.K. rose 6 percent in September as the country's battered housing market improved, but cautious consumers paid off debt faster than they borrowed, the Bank of England said Thursday.
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AP - Millions of workers take a huge chance with their retirement savings every year: They cash out their 401(k) accounts when they lose their jobs or move to new employers.
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AP - Attorneys general say a student loan company has agreed to forgive almost $113 million in debts for students of a Nevada-based helicopter flight school that went bankrupt in 2008.
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Reuters - A bankruptcy judge appointed a trustee to take over the liquidation of Thornburg Mortgage after it was discovered former executives were using staff and equipment to launch a start-up venture.
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AP - Mortgage originator PHH Corp. said Monday that it named Jerome J. Selitto as president and CEO and a director, effective immediately.
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Reuters - A bankruptcy judge appointed a trustee to take over the liquidation of Thornburg Mortgage after it was discovered former executives were using staff and equipment to launch a start-up venture.
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