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RBS faces half a billion dollar fine over false mortgage statements

A US judge has ruled that Royal Bank of Scotland and Japanese bank Nomura took part in an ...

  • May 12, 2015
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RBS to pay $99.5m for failed mortgage-backed securities sale

Royal Bank of Scotland Group Plc agreed to pay $99.5m to resolve a U.S. regulator's claims...

  • Jun 20, 2014
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Help to Buy will push prices beyond first-time buyers’ reach – think-tank

Help to Buy will inflate prices and push homes even further out of first-time buyers’ re...

  • Sep 02, 2013
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City’s Dr Doom slams ‘moronic’ Help to Buy

George Osborne’s Help to Buy scheme is the 'most stupid economic idea' for 30 years, acc...

  • Jun 05, 2013
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Help to Buy needs exit plan to avoid bubble – CML

The Council of Mortgage Lenders has joined Mervyn King’s call for a Help to Buy exit str...

  • May 22, 2013
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US banks to pay out $20bn in mortgage-related claims

Bank of America will pay out $11.6bn to government sponsored-mortgage company Fannie Mae a...

  • Jan 08, 2013
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RBS, HSBC and Barclays face litigation over sub-prime loans

Royal Bank of Scotland (RBS), HSBC and Barclays ignored warnings from third party advisers...

  • Sep 05, 2011
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US ‘to sue’ dozen banks over housing bubble mortgages

The US is planning to sue more than a dozen major banks for misrepresenting the quality of...

  • Sep 02, 2011
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S&P downgrades US mortgage giants

Credit agency Standard & Poor’s (S&P) has downgraded America’s state backed mortgage l...

  • Aug 08, 2011
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US lending giants former chiefs face criminal charges

The former heads of Freddie Mac and Fannie Mae are facing civil action by American financi...

  • Mar 17, 2011
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