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Elizabeth Warren's first grilling of regulators is a YouTube hit
WASHINGTON — Sen. Elizabeth Warren (D-Mass.), a darling of liberals who has been mentioned as a potential 2016 presidential contender, had kept a deliberately low profile since her election in November. In less than five minutes last week,...
Tags: Republican Party, U.S. Senate Committee on Banking, Housing, and Urban Affairs, $700 Billion Bank Bailout (2008), Elizabeth Warren, Business Institutions
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DeNaples banking ban vacated; court blasts regulators
Scranton Times-TribuneLouis A. DeNaples may be free to rejoin the board of directors of the First National Community Bank after a federal court vacated a lifetime ban from banking imposed by regulators. The decision vaporized all outstanding orders against Mr. DeNaples...Tags: Organized Crime, Judges, Lawyers, U.S. Supreme Court, Federal Reserve
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Goldman, Morgan Stanley settle foreclosure cases for $557 million
Goldman Sachs and Morgan Stanley will pay $557 million in cash and other assistance to help certain people who have fallen behind on their mortgage payments, and others who lost homes to foreclosure, according to the Federal Reserve. The agreements with...Tags: U.S. Department of the Treasury, Citigroup Incorporated, JPMorgan Chase & Co., Goldman Sachs Group, Inc., MetLife Incorporated
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Foreclosure victims might reap windfall
arnoldp@herald-mail.comNancy Shulley received a letter about a year ago that she thought might be junk mail, but, just in case, she put it in a desk drawer and eventually sent a reply. Good thing she did. Now, the Hagerstown woman’s letter might be the ticket to her...Tags: Franklin County (Pennsylvania), JPMorgan Chase & Co., Jefferson County (Pennsylvania), Finance, House Building
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MetLife gets out of banking business, sells deposits to GE Capital
WASHINGTON -- Snoopy is getting out of the banking business. Insurance giant MetLife Inc., which uses Peanuts characters as its corporate mascots, on Monday closed a deal to sell its banking assets. GE Capital Retail Bank, a subsidiary of General...
Tags: Economy, Business and Finance, Banking, Google+, MetLife Incorporated, General Electric Company
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Old National Bank acquiring 24 branches in Indiana, Michigan
South Bend TribuneAn Evansville-based bank is making moves to significantly increase the size of its footprint in Michiana. Old National Bank executives announced Wednesday that the company is buying 24 branches from Bank of America in South Bend, Elkhart and southern...Tags: Mergers, Acquisitions and Takeovers, Economy, Business and Finance, Niles, Banking, Old National Bancorp
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Letters: The mortgage merry-go-round
Re "Lenders get off too easy in deal," Column, Jan. 8 Having dealt with the problems David Lazarus describes as an attorney representing borrowers, I agree wholeheartedly with him. There is no amount of money that can reimburse people who are getting...Tags: Career and Workplace, Economy, Business and Finance, Collective Contract, The Wall Street Journal, Mortgages
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Federal regulators prepare new mortgage rules while cleaning up faulty foreclosure issues
Six years after the housing bubble burst, federal regulators are trying to restore confidence in the nation's mortgage industry while continuing to remedy past ills. On Monday, the Office of the Comptroller of the Currency announced an $8.5 billion...
Tags: Housing and Urban Planning, JPMorgan Chase & Co., Interior Policy, Finance, Financial and Business Services
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Ten banks to pay $8.5 billion to settle foreclosure abuse review
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...
Tags: Citigroup Incorporated, JPMorgan Chase & Co., Google+, MetLife Incorporated, SunTrust Banks Incorporated
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$10-billion settlement of foreclosure abuse cases said to be near
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...
Tags: U.S. Department of the Treasury, Citigroup Incorporated, Banking, JPMorgan Chase & Co., Finance
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Valley homeowners to cash in on foreclosure deal
About 23,000 homeowners in the Lehigh Valley and surrounding counties could get a piece of the $8.5 billion settlement announced this week to settle allegations that banks didn't play fair when foreclosing on homes. The settlement is the result of...Tags: Citigroup Incorporated, JPMorgan Chase & Co., U.S. House Committee on Oversight and Government Reform, MetLife Incorporated, Wells Fargo & Co.
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Relief available for botched foreclosures
The calendar year is running out, and so is your time to possibly reverse or suspend your foreclosure or even collect a windfall if your bank didn't play fair when it tried to take your home. If you faced foreclosure actions in 2009 or 2010 by one of...Tags: Wachovia Corp., Citigroup Incorporated, Banking, MetLife Incorporated, HSBC Holdings plc
Feb 18, 2013
|Story| Los Angeles Times
Jan 30, 2013
|Story| Allentown Morning Call
Jan 16, 2013
|Story| Los Angeles Times
Jan 12, 2013
|Story| Herald Mail
Jan 14, 2013
|Story| Los Angeles Times
Jan 9, 2013
|Story| South Bend Tribune
Jan 11, 2013
|Story| Los Angeles Times
Jan 8, 2013
|Story| Chicago Tribune
Jan 7, 2013
|Story| Los Angeles Times
Jan 6, 2013
|Story| Los Angeles Times
Jan 9, 2013
|Column| Allentown Morning Call
Dec 8, 2012
|Column| Allentown Morning Call
Original site for Office of the Comptroller of the Currency topic gallery.