Bank of America
WASHINGTON (AP) — President Barack Obama intends to nominate Rep. Melvin Watt to head the Federal Housing Finance Agency, the government regulator that oversees lending giants Fannie Mae and Freddie Mac, a White House official said Tuesday.
NEW YORK (AP) — Banks aren’t the big jobs machines they used to be. One after another, major financial firms are trimming their payrolls. At a time when many banks are reporting higher or even record earnings, the cuts are unsettling to an entire industry.
WASHINGTON (AP) — The nation’s largest banks will begin sending payments this week to millions of Americans who may have been wrongfully foreclosed on during the housing crisis.
For listeners who want more information about Bank of America’s “Short Sale” department as mentioned on today’s Money 101 broadcast, the number is (866) 880-1232.
As discussed on Money 101 with Bob McCormick today, the program that aids distressed homeowners ends this Friday, January 18. Here are some of the highlights discussed on the show: Where to get help for […]
U.S. banks have taken another step to clear away the wreckage of the 2008 financial crisis. JPMorgan Chase, Bank of America, Wells Fargo and seven other banks have agreed to pay $8.5 billion to homeowners who were wrongfully thrown out of their homes.
WASHINGTON (AP) — Ten major banks and mortgage companies agreed Monday to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.
LANCASTER, Calif. (AP) – A bank robbery suspect was cornered on an Antelope Valley street and shot to death Friday on live television after he apparently fired at Los Angeles County sheriff’s deputies from his […]
(AP) — Some of the nation’s biggest banks have extended temporary waivers on a variety of fees and late charges for residents of states hit hard by Superstorm Sandy. It’s an effort to ease pressure […]
GENEVA (AP) – Scarred by scandals and losses, Swiss bank UBS unveiled Tuesday a plan to overhaul its global operations that will see it cut thousands of jobs as it drops risky trading activities and […]