Nationalised UK mortgage lender Northern Rock's headline losses shrank in 2009, helped by rising net interest income and lower loan losses in the second half, though it said loan writedowns would stay high in 2010.

The Reserve Bank of Australia's decision to raise interest rates in this month has failed to dent consumer confidence, a report says.

Consumer complaints to the Oregon attorney general's office jumped 13 percent last year, with phone companies leading the list for the fourth straight year.

By EILEEN AJ CONNELLY, AP Personal Finance Writer NEW YORK -- Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards.

While speculation over an impending commercial crisis has abounded, Mortgage Bankers Association data released today shows that commercial and multi-family mortgages nationwide had the lowest charge-off rate of any type of bank- and thrift-issued loan in the fourth quarter of 2009.

A Pittsburgh-area woman is suing Bank of America, claiming it wrongfully repossessed her home and saying that a bank contractor trashed the house and took her parrot.

The creditors' committee for Majestic Star Casino LLC constructed a theory where secured lenders didn't properly perfect liens on the two riverboat casinos in Indiana.

Thousands of Michigan residents who owe more on their mortgages than their homes are worth are walking away from their homes, and their mortgages.

NEW YORK - Centerline Capital Group said Monday it has completed a series of deals that allows the real estate asset management firm to substantially restructure its outstanding debt.

A new study by the Royal Bank suggests more Canadians are very likely to buy a new home in the next two years.

Home construction rose by a more-than-expected 6.1 per cent to 196,700 units in February, Canada Mortgage and Housing Corp.

U.S. real estate investor Andrew Farkas is all set to buy Centerline Holding Co, a provider of real estate financial and asset management services, by investing $100 million in equity in the company, the Wall Street Journal said.

Most U.S. business economists expect the Federal Reserve to raise benchmark interest rates within six months by between a quarter and a half percentage point, according to a survey released on Monday.

Kiplinger interviewed Robert Pozen, chairman of mutual fund company MFS Investment Management and the author of Too Big to Save? How to Fix the U.S. Financial System .

White House adviser Paul Volcker said it's too soon for U.S. policy makers to withdraw the stimulus measures and interest-rate cuts used to fight the worst slump since the Great Depression.

The leader of a corrupt enterprise that defrauded mortgage lenders out of more than 100 properties, resulting in a loss of at least $20 million, pleaded guilty Friday.

The Federal Deposit Insurance Corp. sold $1.81 billion of debt backed by mortgage securities, as it seeks to raise cash after the worst financial crisis since the Great Depression.

Financial services holding company Renasant Corp. said Friday it has nominated real estate executive Jill Deer to its corporate and bank boards.

This year's Hong Kong Government Budget proposes a series of measures to consolidate its economic recovery from the global financial crisis, and develop its economy.

Federal prosecutors say a San Jose man has been sentenced to prison and ordered to pay $3.5 million in restitution for a mortgage loan fraud scheme he ran for several years.