Black Knight Financial Services (BKFS) released their Mortgage Monitor report for April today. According to BKFS, 4.77% of mortgages were delinquent in April, up from 4.70% in March. BKFS reported that 1.51% of mortgages were in the foreclosure process, down from 2.02% in April 2014.This gives a total of 6…
LONDON, June 8 (Reuters) – Hedge funds and money managers have reduced bets on rising Brent crude oil prices to their lowest in more than two months, according to exchange data released on Monday.
LONDON/BRUSSELS, June 8 (Reuters) – The European Commission will propose lighter capital requirements on simple pooled debt instruments, in a bid to free banks to use these so-called securitisation products to help raise more funds to finance economic growth.
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