Tag Archives: Mortgage industry of the United States

$9.3B BofA Settlement

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It’s been an expensive road to recovery for Bank of America as the company settles yet another multi-billion mortgage case. The nation’s second largest bank agreed to pay a whopping $9.3 billion to...

Small Business Loans on the Rise Again in US

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Small business loans have been pushed a notch higher by the recovering economy. These mini-enterprises seem to have borrowed a lot more cash than was expected from the likes of their kind. And...

Tax Break Ending For Underwater Homeowners: Is It The Right Time?

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Here’s a startling statistic: the number of homeowners who owe more on their mortgage than their home is worth is greater than the number of residents in most states. According to the latest report...