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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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. […]
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.
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.