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Nomura, Royal Bank of Scotland in FHA Mortgage Suit Trial – Analyst Blog

Nomura Holdings, Inc. (NMR) and The Royal Bank of Scotland Group plc (RBS), two of the world's biggest banks, will be subjected to a trial today. Notably, the banks have been accused by the Federal Housing Finance Agency (FHFA) of providing fraudulent details regarding mortgages sold to the government-backed mortgage financiers, Federal National Mortgage Association (FNMA) and Federal Home Loan …

Blackstone Mortgage beats 4Q profit forecasts

The New York-based company said it had net income of 37 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 52 cents per share. The results exceeded Wall Street expectations. …

Mortgage met thanks to CWAH

Olga Ramsey has no car and no Christmas tree, and her decades old television set depicts SpongeBob only in pink.