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Credit Suisse vows to fight New York mortgage securities case

ZURICH (Reuters) – Credit Suisse Group AG said on Monday it would fight a U.S. lawsuit which accuses the Swiss bank of deceiving investors in mortgage-backed securities it had issued. The Zurich-based bank said a New York State Supreme Court justice had last week rejected its request to dismiss the case, in which New York Attorney General Eric Schneiderman accuses the bank of misrepresenting the …

Bankrate: Streak of Lower Mortgage Rates Ends

NEW YORK, Dec. 24, 2014 /PRNewswire/ — Mortgage rates rose for the first time in seven weeks, according to Bankrate.com's (NYSE: RATE) weekly national survey. The benchmark 30-year fixed mortgage rate …

mortgage loan Rates Hover Near 4%

The Mortgage Bankers Association weekly report on mortgage applications noted an increase in the group's seasonally adjusted composite index for the week ending December 19.