As FHA Mortgage Volume Increases From 2009, Serious Delinquencies Spike Morgan Stanley surprised by reported Citi settlement size Citigroup and JPMorgan Settle With EU Commission for Rigging Libor; U.S. Justice Department Stays Mum By Pam Martens: December 4, 2013 Oakland, California Formed an Activist Group to Fight Goldman Sachs Over a Libor-Linked Interest Rate Swap ContractMortgage rates were slightly higher today. Whereas there was clear cause and effect behind Friday’s rate spike, today has been relatively drama-free and movement free. This can be viewed positively.California foreclosures set to surge Nonjudicial foreclosure is the most common type of foreclosure in California. It is used when there is a power-of-sale clause in the deed of trust that secures the mortgage loan by giving the trustee the authority to sell the home to pay off the loan balance at the request of the lender if the borrower defaults (fails to make payments).SPRINGFIELD – Leaders in the Illinois Senate have described their proposed “grand bargain” on the state budget and other. workers’ compensation and pension reforms, gambling expansion and a host of.