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    Feb 22, 2013 |Column| Chicago Tribune
  1. A new tool for enforcing fair-housing rules

    The nation's fair-housing rules became clearer this month when the Department of Housing and Urban Development finalized a rule that it hopes makes it easier to determine whether a housing practice is discriminatory. The formal adoption of uniform...

    Tags: Consumers, Social Issues, Finance, Housing and Urban Planning, Justice System

  2. Apr 5, 2013 |Story| Los Angeles Times
  3. 'Connections' ad campaign will present a humbler Bank of America

    Can the ultimate too-big-to-fail bank persuade customers that it is humble?
    Can the ultimate too-big-to-fail bank persuade customers that it is humble? A new Bank of America Corp. ad campaign is taking on that task, with the tag line "Life's Better When We're Connected" replacing “Bank of Opportunity.” “We...

    Tags: Banking, National Collegiate Athletic Association, Advertising, Bank of America Corp., Citigroup Incorporated

  4. Apr 2, 2013 |Story| Los Angeles Times
  5. Fannie Mae posts record annual profit of $17.2 billion

    WASHINGTON — Taxpayer-owned Fannie Mae and Freddie Mac are back in the black, but it's unlikely to keep the nation's housing finance giants from being dismantled.
    WASHINGTON — Taxpayer-owned Fannie Mae and Freddie Mac are back in the black, but it's unlikely to keep the nation's housing finance giants from being dismantled. Boosted by the recovery in the housing market, Fannie Mae on Tuesday reported a...

    Tags: Freddie Mac, Financial and Business Services, Finance, Fannie Mae, Companies and Corporations

  6. Apr 2, 2013 |Story| Los Angeles Times
  7. BofA pays $165 million to settle mortgage claims by credit unions

    In yet another home lending legal settlement, Bank of America Corp. will pay regulators $165 million related to losses that big credit unions suffered on mortgage-backed securities.
    In yet another home lending legal settlement, Bank of America Corp. will pay regulators $165 million related to losses that big credit unions suffered on mortgage-backed securities. The settlement, announced Tuesday, stems from efforts by the National...

    Tags: Deutsche Bank AG, Trials, Finance, Justice System, Economy, Business and Finance

  8. Apr 2, 2013 |Story| Los Angeles Times
  9. Rescued Fannie Mae posts record profit as housing market rebounds

    WASHINGTON -- Bailed-out Fannie Mae on Tuesday reported a record $17.2 billion profit for 2012, driven by the housing-market recovery and a big settlement with Bank of America related to soured mortgages during the subprime boom.
    WASHINGTON -- Bailed-out Fannie Mae on Tuesday reported a record $17.2 billion profit for 2012, driven by the housing-market recovery and a big settlement with Bank of America related to soured mortgages during the subprime boom. The housing finance...

    Tags: Freddie Mac, Finance, Fannie Mae, Banking, Mortgages

  10. Mar 1, 2013 |Story| AP Broadcast
  11. Feds seek last victims of discriminatory lending

    INDIANAPOLIS (AP) — Federal authorities are looking for more than 400 African-Americans and Latinos in Indiana who might be eligible to collect part of a $335 million settlement between Countrywide Financial Corp. and the Justice Department. U.S....
  12. Feb 25, 2013 |Column| Baltimore Sun
  13. An opportunity to break free of Ticketmaster

    I thought Ticketmaster was the most hated company in America, but it turns out to have had some competition for that title in recent years. It lost last year to AT&T, Bank of America, Walmart and Electronic Arts, the maker of digital games.
    I thought Ticketmaster was the most hated company in America, but it turns out to have had some competition for that title in recent years. It lost last year to AT&T, Bank of America, Walmart and Electronic Arts, the maker of digital games. The...

    Tags: Jackson Browne, Peter G. Angelos, Ticketmaster, Walmart, Bank of America Corp.

  14. Feb 8, 2013 |Story| Los Angeles Times
  15. PennyMac, headed by former No. 2 at Countrywide, files for IPO

    PennyMac Financial Services Inc., the 5-year-old mortgage company founded by former Countrywide Financial Corp. President Stanford L. Kurland, plans to go public on the New York Stock Exchange.  PennyMac, which makes, buys, sells and services...

    Tags: Freddie Mac, Fannie Mae, Finance, U.S. Securities and Exchange Commission, Stock Market

  16. Jan 22, 2013 |Story| Los Angeles Times
  17. KB Home teams with Nationstar Mortgage to offer home buyers loans

    KB Home and Nationstar Mortgage Holdings Inc. are forming a joint venture that will offer home loans to KB customers across the country, so they can shop for a house and a mortgage at the same time. Nationstar, of Lewisville, Texas, agreed last year...

    Tags: KB Home, Companies and Corporations, Joint Ventures, Finance, Loans

  18. Jan 17, 2013 |Story| Los Angeles Times
  19. Bank of America, Citigroup earnings disappoint investors

    NEW YORK — Bank of America Corp.'s and Citigroup Inc.'s lackluster earnings led Wall Street to question how long it will take two of the country's biggest banks to emerge from the shadow of the financial crisis.
    NEW YORK — Bank of America Corp.'s and Citigroup Inc.'s lackluster earnings led Wall Street to question how long it will take two of the country's biggest banks to emerge from the shadow of the financial crisis. While BofA's fourth-quarter...

    Tags: Consumers, Trials, Financial and Business Services, Companies and Corporations, Finance

  20. Jan 7, 2013 |Story| Los Angeles Times
  21. Bank of America to pay Fannie Mae $10 billion in loan settlement

    WASHINGTON -- Bank of America Corp. said Monday it had agreed to pay more than $10 billion to Fannie Mae to settle claims related to troubled mortgages sold largely by Countrywide Financial Corp. during the subprime housing boom.
    WASHINGTON -- Bank of America Corp. said Monday it had agreed to pay more than $10 billion to Fannie Mae to settle claims related to troubled mortgages sold largely by Countrywide Financial Corp. during the subprime housing boom. BofA, which acquired...

    Tags: Google+, Freddie Mac, Google Inc., Financial and Business Services, Fannie Mae

  22. Jan 8, 2013 |Story| Chicago Tribune
  23. 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.
    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: Freddie Mac, Financial and Business Services, MetLife Incorporated, Fannie Mae, Finance

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