Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: lenders

Foreclosure activity slows sharply in February

LOS ANGELES — The number of U.S. homes receiving a foreclosure-related notice fell to a 36-month low last month, as lenders delayed taking action against homeowners amid heightened scrutiny over banks’ handling of home repossessions. Some 255,101 properties received at ...

Read More »

Differing approaches of Legg Mason, T. Rowe Price bring differing results

For decades, two of the best-known asset management firms in the country have shared a ZIP code — but little else — as they took different paths toward building businesses that at one point controlled nearly $1.4 trillion in combined ...

Read More »

Deutsche Bank to pay over $550M in fraud probe

NEW YORK — Deutsche Bank admitted criminal wrongdoing and agreed to pay more than $550 million in connection with its participation in tax shelters that enabled the rich to temporarily avoid paying hundreds of millions of dollars in U.S. taxes, ...

Read More »

Peering into commercial real estate’s crystal ball

The heartbeat of commercial real estate began to beat back to life in 2010, after essentially flatlining in 2009. Some notable office and industrial leases were inked and the hum of the BRAC spool-up emerged in Anne Arundel and Harford ...

Read More »

FDIC says list of ‘problem’ banks grows in Q3

WASHINGTON — The number of banks on the Federal Deposit Insurance Corp.’s “problem” list grew over the summer, even as the industry posted solid net income and fewer loans soured. The number of troubled banks rose to 860 in the ...

Read More »

Gansler: Victim compensation fund is speculative

State attorneys general and major mortgage lenders are a “long way” from reaching a settlement in the prosecutors’ investigation of “robo-signing” and other alleged activities that have brought the legitimacy of thousands of foreclosures into question, Maryland Attorney General Douglas ...

Read More »