Morgan Stanley surprised by reported Citi settlement size

Mortgage delinquency rate drops nearly 14%: TransUnion Modified seriously delinquent loans hold strong during mortgage crisis LPS: 7.12% of U.S. loans are delinquent Bankrate: Loan Closing costs jump 36.6% Year-Over-Year By Crissinda Ponder Bankrate.com. The average total cost a borrower pays to close on a home loan has dropped slightly, an exclusive Bankrate.com survey finds.

Others have argued that Citi’s deep connections. Bank of America to report 71 cents per share in earnings on $23.1 billion.