Home Loan Servicing Solutions is selling 12.5 million shares and will grant underwriters a 30-day option to purchase up to an...
AV Homes announced that TPG Capital agreed to make a $135 million investment in the company at a price of $14.65 per share,...
The nation's big banks are following Fannie Mae and Freddie Mac by deciding to halt foreclosure evictions for the holidays.
American Banker reports that Wells Fargo ($40.66 -0.18%), U.S. Bancorp ($35.19 -0.16%), PNC Financial Services Group ($70.88 -0.86%), Bank of America ($13.19 -0.08%), SunTrust ($31.25 -0.5%) and Citigroup ($49.53 -0.48%) announced plans to halt evictions until after the new year.
U.S. Bank, PNC and Citigroup will halt foreclosure move-outs from Dec. 17 through Jan. 2, American Banker said. Wells Fargo and SunTrust have moratoriums that will run another two days longer.
Click here to read more from American Banker.
Don’t miss out: get HW delivered via email