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fdic sues big banks over mortgage securities

the government has sued several big banks over toxic mortgage securities they issued that were bought by two small illinois banks which failed in may 2009.

fitch: canadian banks' residential mortgage exposure manageable under moderate stresses

household debt driven by mortgage credit expansion in the canadian market is the main threat to the credit risk profiles of canadian financial institutions, as highlighted by the s

mortgage delinquencies drop to 4-year low

the percentage of borrowers who have dropped behind on their mortgage payments fell to a four-year low in the first three months of 2012, a bankers' group said wednesday.

mortgage rates in u.s. fall to record lows with 30-year at 3.79%

mortgage rates in the u.s. fell to a record for a third straight week, reducing borrowing costs as the housing market improves and home-loan defaults decline.

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