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SEC adopts rules on loan-backed securities

...will have to give investors details on borrowers' credit records and income under action...securities to provide information on borrowers' credit and income, the aim is to enable...by a big increase in lending to risky borrowers. The Fed also said that loans to borrowers...

http://chronicle.augusta.com/news/business/2014-08-27/sec-adopts-rules-loan-back
US credit card late payments down in second quarter

...credit.Average card debt per borrower was up slightly in the second...The share of cards issued to borrowers with less-than-perfect...cards going to non-prime borrowers before the recession, however...are considered non-prime borrowers.Lenders also are being more...

http://chronicle.augusta.com/news/business/2014-08-26/us-credit-card-late-paymen
Plans to pay off a mortgage early each have drawbacks

...within the control of the borrower. This article is about...and I doubt that any borrowers who understand exactly...in month 180.Some borrowers would manage better...years. Further, if the borrower can't manage the payment...relatively small number of borrowers who want to cut their...

http://chronicle.augusta.com/life/home/2014-07-05/plans-pay-mortgage-early-each-
Bank of America settlement likely to benefit few

...Urban Affairs that banks failed to maintain properties after borrowers defaulted. The alliance said it found that Bank of America...sold as safe investments despite the high likelihood that borrowers would default.JPMorgan Chase & Co. agreed to a $13 billion...

http://chronicle.augusta.com/news/business/2014-08-21/bank-america-settlement-li
Bank of America reaches $17 billion settlement with U.S. over sale of securities

...bundled into securities by the banks in question then sold to investors.The securities contained residential mortgages from borrowers who were unlikely to be able to repay their loans. Still, the securities were promoted as relatively safe investments until...

http://chronicle.augusta.com/news/business/2014-08-20/bank-america-reaches-17-bi
Fannie, Freddie post profits in 2Q; pay dividends

...other federal agencies, they back roughly 90 percent of new mortgages.The two companies don't directly make loans to borrowers. They buy mortgages from lenders, package them as bonds, guarantee them against default and sell them to investors. That...

http://chronicle.augusta.com/news/business/2014-08-07/fannie-freddie-post-profit
Bank of America nears $16 billion-$7 billion settlement with US over sale of securities

...investment trusts and pensions, as well as other banks and investors.The securities contained residential mortgages from borrowers who were unlikely to be able to repay their loans, yet were publicly promoted as relatively safe investments until the housing...

http://chronicle.augusta.com/news/business/2014-08-06/ap-source-bank-america-nea
Worries are increasing over selling bond funds

...Last year, the trigger was worries about rising interest rates and the creditworthiness of Puerto Rico and other municipal borrowers. Investors began withdrawing their money from muni funds in the spring, and the largest category of municipal-bond funds...

http://chronicle.augusta.com/news/business/2014-08-15/worries-are-increasing-ove
Property Transfers

...LLC, Section 8, Lot 4, Block N, Phase I, Walton Hills, $24,000American Homes 4 Rent Properties 2 LLC to AMH 2014 1 Borrower LLC, Section Four, 3348 Thames Place, Lot 36, Block B, Cambridge; 1018 Ossabaw Court, Lot 23 and part of Lot 24, Block...

http://chronicle.augusta.com/life/home/real-estate/2014-06-20/property-transfers
Property transfers

...LLC, Section 8, Lot 4, Block N, Phase I, Walton Hills, $24,000American Homes 4 Rent Properties 2 LLC to AMH 2014 1 Borrower LLC, Section Four, 3348 Thames Place, Lot 36, Block B, Cambridge; 1018 Ossabaw Court, Lot 23 and part of Lot 24, Block...

http://chronicle.augusta.com/life/home/real-estate/2014-07-05/property-transfers