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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: JPMorgan Chase & Co., U.S. House Committee on Oversight and Government Reform, Financial and Business Services, Media Industry, MetLife Incorporated
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Terminal Cancer Patient Fights to Save Home From Foreclosure
KTLA NewsSOUTH GATE, Calif. (KTLA) -- A woman who suffers from cerebral palsy, and who's been diagnosed with stage 4 breast cancer, is fighting for her life -- and to save her home. That's becasue a foreclosure notice for Ana Casas-Wilson to vacate the house she'...Tags: Health Treatments, Los Angeles County Sheriff's Department, Cerebral Palsy, Breast Cancer, Services and Shopping
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Business Briefs - Oct. 21
Cornerstone Wealth Management Group The advisers at Cornerstone Wealth Management Group, a Hagerstown-based independent investment and wealth-management firm, recently announced their affiliation with CWM LLC, a U.S. Securities and Exchange Commission-...Tags: Companies and Corporations, Giant Food, LLC, JPMorgan Chase & Co., U.S. Securities and Exchange Commission, Financial and Business Services
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As The Hartford Sells Business Units, Future Use Of Capital Shows Promise
The Hartford CourantThe Hartford Financial Services Group will probably use proceeds from the sale of several business units to pay off debt and buy back shares of company stock, analysts say. The last of several large divestitures was announced last week with the planned...Tags: Employment, Aetna Inc., Buyback, Companies and Corporations, Prudential Financial Incorporated
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Legg Mason CEO to step down
Less than five years after taking the helm of Legg Mason, Chairman and CEO Mark R. Fetting announced Tuesday that he would step down Oct. 1, possibly setting the stage for the sale of parts of the Baltimore-based money management firm. Legg Mason has...
Tags: Corporate Officers, Companies and Corporations, Harbor East, NYSE Euronext, Inc., Quarterly or Semiannual Financial Statements
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Wells Fargo fires veteran over dime crime in 1963. Unbelievable.
The Des Moines Register reports that a 68-year-old Vietnam veteran was fired from his Wells Fargo Home Mortgage job because 49 years ago he put a cardboard dime slug into a laundromat's washing machine. The paper said federal regulations now prohibit...Tags: Des Moines Register, Career and Workplace, Labor Legislation, Chuck Grassley, Crime, Law and Justice
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Speak up if you were a victim of Wells Fargo mortgage discrimination
Local homeowners may be able to cash in on last week's mortgage discrimination settlement with Wells Fargo. The bank was accused of steering black and Latino borrowers into subprime mortgages or charging them higher fees and interest rates than white...Tags: Wachovia Corp., Financial and Business Services, Services and Shopping, Media Industry, Economy, Business and Finance
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Justice Department settles fair-lending claims with Wells Fargo
The Justice Department announced a fair-lending settlement with Wells Fargo & Co. on Thursday that will compensate tens of thousands of the bank's African-American and Hispanic borrowers who were allegedly steered into high-cost, subprime mortgages. A...
Tags: Countrywide Financial Corp., Riverside (Southampton, New York), Cook County Government, Economy, Business and Finance, Laws
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Wells Fargo agrees to pay $175M settlement in pricing discrimination suit
About 1,000 Baltimore-area residents are expected to receive thousands of dollars each under a landmark $175 million settlement between the U.S. Department of Justice and Wells Fargo over accusations of discriminatory lending practices.
Under the terms...Tags: Riverside (Southampton, New York), Companies and Corporations, Montgomery County (Maryland), Property Tax, Wachovia Corp.
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Mortgage bankers cast wary eye on housing market
When more than 3,500 people gathered in Chicago recently for the Mortgage Bankers Association's annual convention, the most since 2007, there were a lot of acronyms thrown around and a lot of concern expressed about the direction of residential lending....
Tags: Arts and Culture, Banking, Economy, Business and Finance, Mortgages, Rentals
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Banks' fees pay off ... for credit unions
Los Angeles TimesConsumers fed up with the rising tide of bank fees helped the nation's credit unions more than double their number of new customers last year, new figures show. More than 1.3 million Americans opened new credit union accounts last year, up from less than...Tags: Consumers, The Home Depot, Bank of America Corp., JPMorgan Chase & Co., U.S. Consumer Financial Protection Bureau
Jan 9, 2013
|Column| Allentown Morning Call
Oct 24, 2012
|Story| KTLA-LTV
Oct 21, 2012
|Story| Herald Mail
Jun 26, 2012
|Story| Herald Mail
Oct 2, 2012
|Story| Hartford Courant
Sep 11, 2012
|Story| Baltimore Sun
Aug 28, 2012
|Story| Baltimore Sun
Jul 14, 2012
|Column| Allentown Morning Call
Jul 12, 2012
|Story| Chicago Tribune
Jul 12, 2012
|Story| Baltimore Sun
Nov 1, 2012
|Column| Chicago Tribune
Mar 1, 2012
|Story| KCPQ-LTV
Original site for Wells Fargo & Co. topic gallery.