Wells Fargo

(AP Photo)

LA city attorney sues Bank of America over lending

LOS ANGELES (AP) — The Los Angeles city attorney is suing Bank of America for mortgage discrimination it claims led to a wave of foreclosures that cost the city a fortune in extra expenses and […]

12/07/2013

LA sues Wells Fargo, Citigroup over foreclosures

LOS ANGELES (AP) — The Los Angeles city attorney sued Wells Fargo and Citigroup on Thursday, alleging the companies engaged in mortgage discrimination that led to a wave of foreclosures in minority communities during the […]

12/05/2013

Trader Gordon Charlop, center, works on the floor of the New York Stock Exchange Tuesday, Oct. 15, 2013. (AP Photo/Richard Drew)

Wall Street looks to return to ‘normalcy’

NEW YORK (AP) — Stocks were mostly higher Thursday as investors got back to focusing on corporate earnings and economic data. It’s a change of pace for Wall Street, which had been completely absorbed in […]

10/17/2013

KFWB logo

Richmond, Calif. looks to seize loans to ease mortgages

SAN FRANCISCO (AP) — When the mayor of Richmond, Calif., and a gaggle of activists and homeowners showed up at the Wells Fargo Bank headquarters in downtown San Francisco this month, they were on a […]

08/25/2013

(AP Photo/Paul Sakuma, file)

Wells Fargo to lay off 2,300 mortgage workers

NEW YORK (AP) — Wells Fargo is laying off workers from its mortgage unit, the latest sign that the mortgage refinancing boom has cooled. The San Francisco-based bank says it sent 60-day notices to about […]

08/22/2013

Chris Ihle describes on Aug. 1, 2013, how he pushed an elderly couple's car off train tracks in Ames, Iowa. (AP Photo/The Des Moines Register, Rodney White)

Iowa man saves couple from oncoming train

AMES, Iowa (AP) — An Iowa man is being hailed as a hero for pushing an elderly couple’s stalled car from a railroad crossing with a freight train bearing down on them. Chris Ihle, 38, […]

08/02/2013

Foreclosure sign

Calif. foreclosure victims will get $1,500 checks

SACRAMENTO, Calif. (AP) — More than 200,000 Californians will each receive checks worth nearly $1,500 this month as part of the national mortgage settlement, the state attorney general’s office said Tuesday. The money is going […]

06/04/2013

New York State Attorney General Eric Schneiderman. (AP Photo)

NY AG: 2 banks violated mortgage accord

ALBANY, N.Y. (AP) — New York’s attorney general says Wells Fargo and Bank of American have violated the terms of last year’s national mortgage settlement by failing hundreds of times to process refinancing requests promptly. […]

05/06/2013

(AP Photo)

Stocks tied to the consumer are hot. Maybe too hot

NEW YORK (AP) — The great engine of global growth, the American consumer, is starting to sputter. Retail sales are falling, consumer confidence is sagging and financial analysts are cutting profit forecasts for clothing chains, department stores and restaurants.

04/20/2013

(AP Photo)

US banks to send checks to 4.2M who lost homes

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.

04/09/2013

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