Saturday, May 25, 2013 12:13 PM EST

Mortgage

A mortgage loan is a loan secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan. However, the word mortgage alone, in everyday usage, is most often used to mean mortgage loan.

Articles About Mortgage

Exclusive: New York claims more proof of bank mortgage abuses

By Reuters

New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage servicing abuses. (4:28 am)

MORE TOPICS: CITIGROUP, BANK OF AMERICA, JPMORGAN CHASE, WELLS FARGO, NEW YORK, ATTORNEY GENERAL

Exclusive: NY attorney general says more evidence banks violated mortgage pact

By Reuters

New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage servicing abuses. (3:28 am)

MORE TOPICS: CITIGROUP, BANK OF AMERICA, JPMORGAN CHASE, WELLS FARGO, NEW YORK, ATTORNEY GENERAL

Vince Cable, UK Business secretary speaks with IBTimes UK exclusively (Photo: Reuters)
Vince Cable: UK’s Biggest Banks Talk ‘Absolute Nonsense' on SME Lending Demand

By IBTimes UK

UK Business secretary tells IBTimes UK that Britain’s biggest banks are lying and challenger banks will boost lending (10:18 pm)

MORE TOPICS: BANK OF ENGLAND, INVESTMENT

More takers for home loans in the UK
UK Home Loan Advances Rise 4.2% In April

By IBTimes UK

Banks and financial institutions sanctioned home loans worth £5bn in April, up from £4.8bn in March. (8:07 pm)

MORE TOPICS: BARCLAYS, HSBC, ROYAL BANK OF SCOTLAND, GDP, RETAIL, LONDON

Ally settlement may be a boon for ResCap bondholders

By Reuters

While bond insurers MBIA Inc <MBI.N> and FGIC Corp receive the lion's share of Ally Financial Inc's <GKM.N> $2.1 billion contribution to the debts of mortgage lender Residential Capital LLC, hedge funds like Paulson & Co may have obtained a better deal. (May 24)

MORE TOPICS: COURT, NEW YORK, NEW JERSEY, SETTLEMENT

Analysis: Markets face rough summer ride as Fed pullback feared

By Reuters

For the past few months, the U.S. Federal Reserve has been squarely in the financial markets' corner, thanks to its massive dollops of monetary stimulus. But signs that the central bank is discussing reducing that support by purchasing fewer bon... (May 24)

MORE TOPICS: FEDERAL RESERVE, GOLDMAN SACHS, NEW YORK, QUANTITATIVE EASING, LOS ANGELES, CONGRESS

Analysis - Markets face rough summer ride as Fed pullback feared

By Reuters UK

For the past few months, the U.S. Federal Reserve has been squarely in the financial markets' corner, thanks to its massive dollops of monetary stimulus. But signs that the central bank is discussing reducing that support by purchasing fewer bon... (May 24)

MORE TOPICS: FEDERAL RESERVE, GOLDMAN SACHS, NEW YORK, QUANTITATIVE EASING, LOS ANGELES, CONGRESS

Goldman unveils checks on conflicts in bid to fix image

By Reuters

After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc <GS.N> CEO Lloyd Blankfein claimed success in putting his bank and his legacy back on track. (May 24)

MORE TOPICS: SEC, GOLDMAN SACHS, LLOYD BLANKFEIN, LAWSUIT

Ally to pay $2.1 billion to settle ResCap litigation

By Reuters

Ally Financial Inc agreed to pay $2.1 billion to Residential Capital LLC to settle claims that it stripped the bankrupt mortgage subsidiary of choice assets. (May 24)

MORE TOPICS: GENERAL MOTORS, COURT, SETTLEMENT

The Nemenoff Report Bonds Higher, S&P's Lower, Silver Higher

By Price Futures Group

June Bonds are currently 11 higher at 143'06 and the 10 Yr. Note 2 higher at 131'09. This mornings weekly Jobless Claims fell by 23,000 versus a average expectations of a drop of 18,000. In the last 24 hours the Bonds have had quite a range... (May 24)

MORE TOPICS: GOLD, S&P, MANUFACTURING, SILVER