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    Jun 24, 2011 | Los Angeles Times

  1. Regulators fine former Vineyard Bank CEO Norman Morales

    Money & Company
    It's not quite up there with former Countrywide boss Angelo Mozilo's $67.5-million settlement, but regulators have fined another former Southland banker for alleged misconduct during the housing boom. Norman A. Morales, the former president and chief...
    2. Jun 29, 2011 | Los Angeles Times

  2. Bank of America announces $14-billion settlement of Countrywide mortgage claims

    Money & Company
    This post has been corrected. See the note at the bottom for details. If Countrywide Financial co-founder Angelo Mozilo had sold former Bank of America boss Ken Lewis a kitchen sink, maybe they could have tossed that in there too.......
    3. Jul 14, 2011 | Los Angeles Times

  3. JPMorgan Chase mortgage results bode well for Wells Fargo

    Money & Company
    Whither mortgage lending? Many foreclosures are back on hold as the big banks wrestle with regulators over the price they must pay for botching their handling of distressed borrowers. Bank of America, preannouncing its earnings, said in late June that.......
    4. Jul 15, 2011 | Los Angeles Times

  4. BofA shares dip below $10 for first time in 2 years

    Money & Company
    Bank of America Corp. shares have dropped below $10 a share for the first time in more than two years, as investors worry that the bank will have more bad news to disclose when it reports earnings on Tuesday. Pre-announcing......
    5. Jul 20, 2011 | Los Angeles Times

  5. FTC: Countrywide borrowers to get $108 million in refunds for alleged abuses

    Money & Company
    FTC: Countrywide borrowers to get $108 million in refunds for alleged abuses...
    6. Jul 21, 2011 | Los Angeles Times

  6. Jeff Madrick on Southern Californians and the financial crisis

    Money & Company
    The growing bookshelf of volumes on the financial crisis have tended to focus on the last decade and the various elements that gave rise to the subprime mortgage meltdown. Jeff Madrick, a former economics columnist for the New York Times,......
    7. Aug 5, 2011 | Los Angeles Times

  7. Wells Fargo, KPMG reach $627-million settlement of lending suit

    Money & Company
    The legal fallout from high-risk, boom-era mortgage lending never stops, it seems -- the latest example being Wells Fargo & Co.'s $590-million proposed settlement of a class-action lawsuit centering on controversial "Pick-a-Pay" loans issued by Oakland'...
    8. Aug 8, 2011 | Los Angeles Times

  8. Bank of America shares tumble again

    Money & Company
    Bank of America: News of another huge mortgage lawsuit targeting Bank of America Corp., and of a hedge-fund investor dumping BofA shares, sent the bank's stock tumbling Monday. Bank of America shares fell $1.18, or 14%, to $6.99 in midday trading Monday....
    9. Aug 23, 2011 | Los Angeles Times

  9. B of A shares drop again, but other banking stocks rise

    Money & Company
    BofA shares drop again, while other banking stocks rise...
    10. Aug 29, 2011 | Los Angeles Times

  10. BofA to cut stake in Chinese bank to raise capital

    Money & Company
    Pushing ahead with its plan to raise capital, Bank of America Corp. has agreed to sell half of its investment in a Chinese bank for $8.3 billion in cash. The sale of 13.1 billion shares to a group of private investors would cut Bank of America's stake...
    11. Aug 30, 2011 | Los Angeles Times

  11. Bank of America's proposed settlement with mortgage investors comes under fire [Updated]

    Money & Company
    Bank of America Corp.'s proposed $8.5-billion settlement with 22 major holders of Countrywide Financial Corp. mortgage securities came under fire in Manhattan federal court as a deadline to challenge the deal arrived. The flurry of objections Monday and...
    12. Aug 31, 2011 | Los Angeles Times

  12. BofA to sell or close another mortgage arm, putting jobs at risk

    Money & Company
    Bank of America to shed mortgage arm: Bank of America Corp. has put another giant piece of the Countrywide mortgage empire on the auction block -- the correspondent lending arm, which buys closed home loans from mortgage bankers, commercial banks and...
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