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>> MORTGAGE LOANS Latest News

MAY 27, 2015 - Washington Business Journal

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Bank's $200M redlining settlement calls for minority lending in Minnesota

Wisconsin-based Associated Banc-Corp will make almost $200 million worth of new home loans in Minnesota, Wisconsin and Illinois under a settlement with federal regulators over discriminatory lending claims. The U.S. Department of Housing and Urban Development said Green Bay-based Associated Bank violated federal fair housing laws by disproportionally denying mortgage loans to African-American and Hispanic applicants and underserving neighborhoods with ...

Tags: Bank's $200M redlining settlement calls for minority lending in Minnesota,  Mortgage Loans Latest News

MAY 27, 2015 - Minneapolis Star-Tribune

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Mortgage delinquencies in the Twin Cities declining rapidly

CoreLogic says that during March, only 1.96 percent of mortgage loans were 90 days or more delinquent compared to 2.49 percent for the same period last year

Tags: Mortgage delinquencies in the Twin Cities declining rapidly,  Mortgage Loans Latest News

MAY 26, 2015 - TheStreet

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E*TRADE Dangles Dividend Lure After Years Spent Shackled by Debt

NEW YORK (TheStreet) -- E*TRADE's stock has outpaced shares of the two largest online brokers in the past year after the company posted the highest profit since the financial crisis and dangled the lure of potential dividends or share buybacks. The surge is driven by earnings growth, debt restructuring and the disposal of lower-quality home mortgage loans made before the housing bubble burst, all of ...

Tags: E*TRADE Dangles Dividend Lure After Years Spent Shackled by Debt,  Mortgage Loans Latest News

MAY 22, 2015 - TheStreet

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Yellen (Almost) Promises Rate Hike, Wells Fargo Opens More Branches: Finance Winners and Losers

NEW YORK (TheStreet) -- Markets were relatively flat on Friday, which was a rare feat considering Fed Chair Janet Yellen nearly affirmed a rate hike in 2015. Perhaps investors were too busy planning their long weekends to pay attention? Meanwhile, in addition to getting a boost from holiday travelers swiping their cards, American Express  may also get a gift from the ...

Tags: Yellen (Almost) Promises Rate Hike, Wells Fargo Opens More Branches: Finance Winners and Losers,  Mortgage Loans Latest News

MAY 22, 2015 - TheStreet

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Wells Fargo Opens More Branches as Rivals Replace Them With Mobile

NEW YORK (TheStreet) -- Wells Fargo   has experienced the same surge in mobile customers as the rest of the country's biggest banks, but it hasn't responded by shutting down local branches like some of its rivals. In fact, the San Francisco-based bank has added 34 branches in the past two years, easily maintaining its lead in the total number of brick-and-mortar ...

Tags: Wells Fargo Opens More Branches as Rivals Replace Them With Mobile,  Mortgage Loans Latest News