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Credit Suisse

US Department of Justice asks Credit Suisse to pay between $5 billion and $7 billion to settle a probe over its sale of toxic mortgage securities - Reuters

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Deutsche Bank

Morgan Stanley, in client note, estimates Deutsche Bank settlement over US fine at $6 billion - Reuters

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US mortgage rates stay near historic lows; Freddie Mac says benchmark 30-year fixed-rate mortgage ticked up to 3.42% from 3.41% last week - AP


real estate

NY Gov. Andrew Cuomo signs law requiring mortgage lenders to maintain abandoned homes - AP

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Bank of America mortgage-backed securities case

US Justice Dept. abandons their case against Angelo Mozilo, former Countrywide CEO and pioneer of risky subprime mortgages, after 2 years - Bloomberg

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financial services

Goldman Sachs agrees to a $5 billion settlement over its sale of residential mortgage-backed securities - CNBC

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United States

Department of Justice: Wells Fargo agrees to pay $1.2 billion for improper mortgage lending practices - Reuters

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United Kingdom

GE agrees to sell UK home lending portfolio to private-equity consortium - @MarketsTicker

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Freddie Mac says mortgage rates move higher on concern Federal Reserve will lift interest rates - @MarketWatch

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US economic indicators

Average 30-year fixed-rate mortgage increases to 3.86 percent from 3.75 percent last week, yet remains near historic lows reached in May 2013 - @AP


economic indicators

US home sales drop 4.9% in January as job growth and low mortgage rates fail to spur buying - @AP

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U.S. Securities and Exchange Commission

S&P agrees to pay roughly $80 million to SEC, 2 states, in settlement related to mortgage-backed securities - @WSJbreakingnews

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US mortgage application volume for last week rose 3.8%, Mortgage Bankers Association reports - @CNBC

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‘Real Housewives of New Jersey’ stars charged with fraud

'Real Housewives of New Jersey' star Teresa Giudice sentenced to 15 months in prison in bankruptcy and mortgage fraud case - @NorthJerseybrk

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US average 30-year-mortgage rate rose to 4.23% this week, highest since early May - @MarketsTicker

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Applications for US home mortgages rose 7.9% last week, Mortgage Bankers Association - @ReutersBiz

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HSBC agrees to pay $550 million to resolve US mortgage claims - @BloombergNews

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Average for 30-year US mortgage loans edge up to 4.12% from 4.1% last week, Freddie Mac reports - @AP

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Applications for US home mortgages fell 7.2% last week, Mortgage Bankers Association says - @ReutersBiz

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US mortgage applications rose 0.2% in latest week, Mortgage Bankers Association says - @ReutersBiz

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