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Bank of America Corp. customers were unable to access its electronic banking operations and telephone call centers Friday morning. "We're addressing the issue as quickly as possible," said Mark Pipitone, a technology and operations spokesman at the...
WASHINGTON -- Ten of the nation's largest mortgage servicers have agreed to an $8.5-billion settlement with federal regulators to end a review of foreclosure abuses. The settlement, announced Monday, involved some of the biggest names in the financial...
Banks and regulators worked late Sunday to finalize a nearly $10-billion settlement that would halt a much-maligned program to review foreclosures from the height of the housing crisis, according to four people familiar with the talks. At least 14 banks...
A national fair housing group has added Chicago and two other cities to its complaint charging that Bank of America Corp. takes better care of foreclosed properties in white communities than those in predominantly minority neighborhoods. The inclusion of...
Drug addicts sit on the front steps of Anthony Williams' West Baltimore home and use. The only homeowner left on his block of North Schroeder Street in the Poppleton neighborhood, Williams fears transients living in the vacant rowhouse next door will...
A proposed Minnesota amendment to ban gay marriage won't be fought by several Minnesota-based corporations, including some with Aberdeen ties. Opponents of the marriage amendment on the 2012 ballot see natural allies in the state's prominent companies,...
Update: Reuters is reporting that even Bank of America is scaling back on its $5 debit card fee by giving customers more ways to avoid the charge. Bank of America, which caused an uproar last month when it announced it would introduce a $5 monthly...
Money & CompanyGold: Trading now at $1,891 an ounce, up 2.1% from Friday. Dow Jones industrial average: Trading now at 10,906.46, up 0.8% from Friday. Fed bounce. Investors are looking toward this Friday's Federal Reserve meeting -- the anticipation, along with the........
Money & CompanyThursday’s wild stock market rally got a late boost from a report that federal regulators will open the door for bigger bank-stock dividends. The Federal Reserve is expected to soon allow financially strong banks to increase their dividends, the Wall......
Money & CompanyThe highest court in Massachussetts has invalidated foreclosures initiated by Wells Fargo Bank and U.S. Bank, saying the banks failed to prove in court that they they owned the mortgages and thus had legal standing to seize the homes. The......
Money & CompanyBank regulators are expected later today to take over Los Angeles-based California National Bank in what would mark the fourth-largest bank failure in the country this year, according to people familiar with the situation. The bank, a unit of FBOP......
Money & CompanyThe Obama administration’s proposed “financial crisis responsibility fee” would hit the nation’s biggest names in banking, brokerage and insurance with a new tax aimed at raising about $9 billion a year for federal coffers.Here’s a look at...
Feb 1, 2013 |Story| Los Angeles Times
Jan 7, 2013 |Story| Los Angeles Times
Jan 6, 2013 |Story| Los Angeles Times
Oct 24, 2012 |Story| Chicago Tribune
Jul 12, 2012 |Story| Baltimore Sun
Oct 24, 2011 |Story| Aberdeen News
Oct 28, 2011 |Story| Baltimore Sun
Aug 22, 2011 | Los Angeles Times
Nov 4, 2010 | Los Angeles Times
Jan 7, 2011 | Los Angeles Times
Oct 30, 2009 | Los Angeles Times
Jan 14, 2010 | Los Angeles Times
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