Why New York's Prospect Heights and Clinton Hill share America's hottest zipcode. Here are top 10 in-demand neighbourhoodsIn 2025, Brooklyn’s Prospect Heights and Clinton Hill neighborhoods top Redfin’s list of the hottest U.S. zip codes. These areas, with thei...
12 Apr, 2025, 10.46 PM IST
Huge financial strain: Amid excessive spending, Mariah Carey in mortgage debt that sums up to a whopping $18 millionDue to her opulent lifestyle, Mariah Carey owes $18.6 million on her mortgage. According to reports, she spends about $1 million a month, a...
17 Sep, 2024, 08.16 PM IST
Deepak Parekh bids adieu: Why the man who built HDFC never owned more than 1% of itThe filial relations as a metaphor have been on Parekh's mind. Last year, while announcing the plan to merge HDFC with its bank, Parekh had...
03 Jul, 2023, 02.37 PM IST
How First Republic's courtship of the wealthy led to meltdownFirst Republic started amassing paper losses last year when the Federal Reserve began hiking U.S. interest rates rapidly to fight inflation...
27 Mar, 2023, 02.39 PM IST
Small captives may go on the block as a result of Covid-19 pandemicThere are about 1,400 captives in India and about 1,700 in the Philippines and broader Asia-Pacific region. About 40% of all captives have ...
14 Apr, 2020, 07.44 AM IST
JPMorgan’s WeWork IPO pursuit many years and loans in makingWeWork will need to keep tapping markets to carry out its expansion into more types of properties and businesses in coming years, creating ...
07 Aug, 2019, 09.25 AM IST
Pimco, others sue Citigroup over billions in mortgage debt lossesCitigroup reportedly breached its duties as trustee for the 25 private-label trusts dating from 2004 to 2007 by ignoring deficiencies in ho...
26 Nov, 2015, 02.08 AM IST
How US hedge fund owners ensured their firms remained among 2014’s best-performing fundsMortgage funds did well in 2014 because home prices rose and fewer debtors missed payments on their loans -- including the subprime borrowe...
05 Jan, 2015, 06.59 AM IST
- 41 people in charged in mortgage fraud
A mortgage fraud crackdown announced Thursday resulted in the arrests of dozens of people, including six lawyers, seven loan officers and t...
16 Oct, 2009, 02.10 AM IST
- Annie Leibovitz deadline to repay $24 mn loan passes
The deadline for celebrity photographer Annie Leibovitz to repay a $24 million loan passed Tuesday night without word from either involved ...
09 Sep, 2009, 12.06 PM IST
- Feds hunt fugitive broker
A former Wall Street broker facing criminal charges linked to the subprime mortgage meltdown has become the target of an international manh...
06 Jun, 2009, 04.31 AM IST
- Fannie, Freddie disclose subpoenas, investigations
Adding to their woes, mortgage finance giants Fannie Mac and Freddie Mac are facing a federal grand jury investigation into their accountin...
30 Sep, 2008, 12.32 AM IST
- Fannie, Freddie disclose subpoenas, investigations
A federal grand jury is investigating accounting and disclosure issues at Fannie Mae and Freddie Mac, the mortgage finance companies said o...
29 Sep, 2008, 08.06 PM IST
- US financial market collapse isn't all that bad, after all
One of life’s rules is that there’s bad in good and good in bad. So, even in the midst of current US financial despair, one can look around...
19 Sep, 2008, 01.18 AM IST
- Subprime-hit Prince looks to sell his home
Former Citigroup chief executive officer Charles O ‘Chuck’ Prince III lost his job because of the housing slump.
19 Jun, 2008, 01.03 AM IST
- Foreign buyers queue up for Miami condos as dollar sinks
Canadian retiree Sheldon Kovensky felt the lure that attracts so many foreign buyers to sunny Florida these days - falling prices for luxur...
21 Feb, 2008, 12.40 AM IST
- London realty set for bigger boom
London is just following the rest of UK real estate. Don’t be surprised if the capital’s fevered property market doubles in value before th...
30 Jan, 2007, 02.06 AM IST