Home lending group reportedly bought for $300 million
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TOKYO (CBS.MW) - General Electric Co. said Wednesday it will buy Australian Financial Investments Group, a holding company for home loan lenders, to boost its mortgage business in that country.
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UnitedHealth Group, the largest US health insurance company, has said that it will spend $300 million in cash to buy Definity Health, a smaller health technology company specializing in plans that allow consumers leeway in directing their medical spending
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Bank of America Corp said on Friday it would buy battered mortgage lender Countrywide Financial Corp for $4 billion, a move that could avert one of the biggest collapses in the U.S. housing crisis.
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Bank of America Corp said on Friday it agreed to acquire battered mortgage lender Countrywide Financial Corp in a $4 billion transaction that could help avert one of the biggest collapses from the U.S. housing crisis.
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Fannie Mae and Freddie Mac will raise by 7.8 percent the limit on the size of single-family-home mortgages they will purchase, increasing the pool of home buyers who will qualify for lower-cost financing.
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Friedman, Billings, Ramsey Group Inc. of Arlington agreed yesterday to buy a Florida mortgage lender in an effort to improve the profit on its large portfolio of mortgage assets.
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The home loan unit of Countrywide Financial Corp , the largest U.S. mortgage lender, is under investigation by Illinois' attorney general over dubious lending practices, The New York Times reported on Thursday.
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Accredited Home Lenders Holding Co.  , a struggling subprime mortgage lender, has agreed to  be acquired by private equity firm Lone Star for $400 million,  the companies said on Monday.
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The rate consumers pay on a 30-year, $200,000 home loan will likely rise 0.2 of a percentage point - an extra $9,200 over the course of the loan - as the largest US buyer of mortgages slows growth to meet regulators&#39; request to boost capital, said Kevin
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September 29, 2004 - Fannie Mae, the nation&#39;s largest mortgage buyer, has signed an agreement with its regulator to fix accounting problems, raise billions of dollars in capital, and scrutinize management policies and internal controls
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A mysterious investment group formed just last month bought a majority stake in the core production unit of the Russian oil giant Yukos Oil Co. for $9.3 billion Sunday at a Moscow auction.
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Bank of America Corp , the second-largest U.S. bank, is in advanced talks to buy Countrywide Financial Corp , the largest U.S. mortgage lender, people familiar with the matter said on Thursday.
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Bank of America Corp said on Friday that it would buy battered mortgage lender Countrywide Financial Corp for $4 billion, a move that could avert one of the biggest collapses from the U.S. housing crisis.
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Morgan Stanley&#39;s  real estate unit  agreed to buy Australia&#39;s Investa Properties Ltd.  for  A$4.7 billion ($3.9 billion) on Thursday, the nation&#39;s  third-largest property trust takeover.
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A real estate company majority-owned by billionaire Carl Icahn offered on Monday to acquire Reckson Associates Realty Corp.  and an affiliate company for $49 per share, or a total of $4.3 billion in cash and stock.
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Bank of America Corp  said on  Friday it would buy battered mortgage lender Countrywide  Financial Corp  for $4 billion, a move that could avert  one of the biggest collapses in the U.S. housing crisis.
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The home improvement chain sold its supply unit to a group of private equity firms for more than $10.3 billion.