Financial News

Banks Near Deal with States on Foreclosure Immunity, Refinancing Plan

Under the proposed terms of the settlement — which could total $25 billion — banks would get broad legal immunity from state lawsuits in exchange for refinancing underwater loans...

The refinancing plan under consideration by the banks would be in addition to the outlines of the deal agreed to date, pushing the total settlement tab closer to...

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Bank CD Rates

Bank CD Rates Bank CD Rates also known as a Certificate of Deposit (CD) is a pre-fixed yield financial instrument used by banks to accept deposits by investor. Bank always fix the CD rates a little lower than the loan rates. Of course this is to earn a profit in their business of offering loans [...]