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Exclusive: Fearing foreclosure crisis, U.S. watchdog cracks down on mortgage servicers

FILE PHOTO: A “Price Reduced” sign is displayed on a home for sale in northern Virginia suburb of Vienna, outside Washington, October 27, 2010. REUTERS/Larry Downing/File Photo April 19, 2021 By Koh Gui Qing, Katanga Johnson and Chris Prentice NEW YORK/WASHINGTON (Reuters) – The U.S. consumer watchdog is scrutinizing mortgage servicers’ compliance with pandemic relief […]

Australia’s CBA expects home loan growth to push mortgage profit some 3% higher

FILE PHOTO: An office building with the Commonwealth Bank logo is seen amidst the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. REUTERS/Loren Elliott/File Photo GLOBAL BUSINESS WEEK AHEAD April 15, 2021 By Paulina Duran SYDNEY (Reuters) -Commonwealth Bank of Australia (CBA), the country’s largest […]

U.S. mortgage rates break above 3% for the first time since July – Freddie Mac

FILE PHOTO: A “Price Reduced” sign is displayed on a home for sale in northern Virginia suburb of Vienna, outside Washington, October 27, 2010. REUTERS/Larry Downing March 4, 2021 NEW YORK (Reuters) – U.S. mortgage rates, which have hovered at or near historic lows for months and contributed to the housing market bouncing back to […]