Rocky Mount Real Estate News
Real Estate news for Rocky Mount, VA continually updated from thousands of sources.
Wednesday | via Business News
Barclays , HSBC and bailed-out Royal Bank of Scotland are among 13 banks facing fraud allegations and a claim for $1.15bn in damages in the US state of Virginia over the sale of mortgage bonds during the financial crisis . The Virginia attorney general, Mark Herring, made the accusations, which relate to the sale of bonds to the state's retirement fund from 2004 to 2010. Comment?
Jun 14, 2014 | via The Virginian-Pilot
Virginia Attorney General Mark Herring on Tuesday announced a $1.15 billion lawsuit against 13 of the nation's biggest banks, accusing them of misleading a state retirement fund about the quality of bonds made up of residential mortgages. The lawsuit, unsealed in Richmond Circuit Court, is the largest financial fraud action ever brought by the state of Virginia. Comment?
Tuesday | via WTVR Richmond
Virginia Attorney General Mark Herring announced a historic lawsuit Tuesday against some of the largest commercial banks in the world, for fraud allegedly committed against Virginia taxpayers during the height of the real estate bubble. A whistleblower helped shed light on the fraudulent operations. Comment?
Tuesday Sep 16 | via WWWV-FM Charlottesville
The largest financial fraud lawsuit ever filed by a Virginia attorney general. Mark Herring is going after some of the world's largest banks. Comment?
Tuesday Sep 16 | via Housing Wire
Virginia Attorney General Mark Herring announced a giant lawsuit against some of the largest commercial banks for fraud committed against Virginia taxpayers during the height of the financial crisis. On Tuesday, the Richmond Circuit Court announced it is seeking $1.15 billion in damages against 13 banks that are each accused of fraudulently misleading the Virginia Retirement System during the sale of residential mortgage-backed securities to the state retirement fund. Comment?
4 min ago | via Reuters
The following are highlights from remarks delivered by Federal Reserve officials dating to the policy statement the central bank issued on Sept. 17. For more stories on Fed policy see: Lacker identified himself as the lone dissenter for the Fed's new exit strategy plan, renewing his opposition to the central bank's holdings of mortgage-backed securities . Comment?
4 min ago | via Housing Wire
Now that the pace of home price appreciation is finally starting to slow, it is easier to see the truth behind which local markets favor either buyers or sellers. According to the latest Zillow home value index, prices increased to $175,600 in August, up 6.6% year-over-year, the slowest annual pace in the last 12 months. Comment?
4 min ago | via Housing Wire
For those who work in the mortgage business, take note, regulators are looking to ensure that same-sex marriages get equal treatment when it comes to applying for credit products. With little fanfare, the Consumer Financial Protection Bureau took an important step forward when it issued guidance on mortgage treatments, among other credit products, for legally married same-sex couples in a staff memo. Comment?
5 min ago | via Business Journal
Darling Homes is building these homes in the Tucker Hill neighborhood in McKinney. Homebuilders are in a building frenzy for a good reason - Dallas-Fort Worth ranks as the No. Comment?
Yesterday | via The Washington Post
You didn't save nearly as much as you wanted to retire - but you had to stop working because of health issues. You'll receive a Social Security benefit and a monthly pension. Comment?
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