News

  • Wells Fargo scandal reminiscent of subprime crisis – Fed official by Ryan Smith

    A Fed official draws parallels between Wells Fargo’s ongoing fake-accounts scandal, while a top Democrat accuses the bank of dodging congressional inquiries

  • PHH slashes jobs by Anna Sobrevinas

    Just four years after opening an office it expected to bring up to 800 jobs to upstate New York, PHH is shutting down the location and pink-slipping almost all of its employees there

  • Bank head used TARP dollars to buy FL condo by Ryan Smith

    A former Missouri bank chairman is facing up to a year in federal prison after he admitted to using federal bailout funds to buy a vacation home

  • Housing prices take foot off the gas by Adam Smith

    Home prices are still rising, but the some of the heat has come off the market as price gains slow

  • Big bank can't get lawsuit dismissed by Ryan Smith

    Bank of America just can’t win. A federal judge has refused to dismiss a Department of Justice lawsuit against the bank, even as BOA saw its own suit against the feds thrown out in a separate case

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