Co-Signer, Inc. today announced its subsidiary's default ratio for calendar 2013 was 2.3% of total contracts for the period in contrast to its budgeted internal forecast of 7%. With an expanded sales effort for the immediate past year of its service product in targeted communities nationwide, the Company reported this milestone was achieved through its continuous monitoring of its underwriting.
Private equity group 3i said it was able to close exits worth £29 million or $48 million in the final quarter of last year, bringing its overall proceeds for the year to £557 million, Reuters reported.
The US Justice Department scored a major win when a New York federal jury found the Countrywide unit of Bank of America guilty for mortgage fraud.
The European Union and Turkey would be resuming accession talks on November 5 after a three-year postponement.
T-Mobile would provide up to 200 megabytes of free data downloads to those who would buy the latest Apple iPad.
A source told Reuters that JPMorgan Chase & Co was nearing a settlement deal with institutional investors that included BlackRock, Pacific Investment Management and Neuberger Berman.
Netflix CEO Reed Hastings said he hoped to ink a deal with Comcast and other pay television providers in the US for its streaming services.
Twitter quitters would prove to be a challenge to investors in the social media site's upcoming IPO, a report said.
Jack Lew, Secretary of the Treasury, said a government shutdown must not happen again.
Boeing Co and Lockheed Martin Corp said they had formed an alliance to bid for the US Air Force long-range bomber program.
Sources told Reuters that the end to the probe of JPMorgan's criminal liability about the mortgage bonds it issued in the financial crisis could be far from over.
HP sued three optical disk drive makers for fixing the prices it bought from 2004 to 2010.
Provenge-maker Dendreon Corp was in the process of finding buyers, people with knowledge of the matter told Bloomberg.
Social media users love and hate Bitstrips.
Bitstrips, a Facebook mobile application, surged in popularity among social media users.
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