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Stock Market & Financial Investment News

News For NYX;NDAQ;GS;CS From The Last 14 Days
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January 13, 2015
15:12 EDTGSU.S. Supreme Court decision gives homeowners leeway to rescind mortgage loans
In an unanimous ruling, the U.S. Supreme Court ruled on Jesinoski vs. Countrywide Home Loans that homeowners are allowed to rescind home mortgages within the three years allotted under the Truth in Lending Act of 1968 by providing written notice to his/her lender. The court ruled that the borrowers were not required to file suit against the lender, which the respondents, Countrywide, claimed. The notice of rescission was sufficient to clear the homeowners of any obligation to the loan, provided they do it within the allotted time. Countrywide Home Loans is a subsidiary of Bank of America (BAC). Other publicly traded companies in the banking space include Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
10:08 EDTCSHigh option volume stocks
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January 12, 2015
06:49 EDTNDAQNASDAQ to ask SEC for permission to take overbanks 'dark pools', WSJ says
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06:14 EDTGSBrennan Investment, Goldman Sachs acquire industrial portfolio
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