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RBS Faces 10 Years Without Profits

The Royal Bank of Scotland has agreed to pay a monetary penalty of $35 million to settle a residential mortgage-backed securities fraud claim and is ready to “build a simpler, stronger bank.”

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Home Prices: Rising in Energy-Producing States

cNew data from Arch MI‘s quarterly report released recently, which analyzes key economic data and provides housing sector forecasts on long-term trends. The most concentrated risk of price increases in a state was tied to energy-extraction.

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TransUnion: HELOCS to Spike 30 Percent in 2017

New data released on Tuesday has projected this year’s numbers for consumers opening new home equity lines of credit. Read on to find out what trends the data reports— and see what characteristics consumers who pursue HELOCs share.

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