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Eric Schneiderman Takes Big Banks To Task

The Huffington Post | Chris Gentilviso | Posted 05.07.2013 | Politics

Hours after announcing that he's considering a lawsuit against some of America's biggest banks, New York Attorney General Eric Schneiderman affirmed h...

Shahien Nasiripour

Wells Fargo, Bank Of America Allegedly Violated National Mortgage Settlement

HuffingtonPost.com | Shahien Nasiripour | Posted 05.07.2013 | Business

New York Attorney General Eric Schneiderman said Monday he may sue Wells Fargo and Bank of America for allegedly violating the terms of last year’s ...

It's Business As Usual When It Comes to Foreclosure

Richard Zombeck | Posted 05.02.2013 | Business
Richard Zombeck

Five years after the near complete financial meltdown of the economy in this country, nothing has really changed. Despite the billions of dollars in settlement fees the banks have shelled out, bad press, and loss of trust, it's pretty much business as usual. Actually, it's more blatant and brazen than ever.

It's Time to Build Your Personal Economy

Dedrick Muhammad | Posted 04.22.2013 | Black Voices
Dedrick Muhammad

A recent report suggest that two-thirds of Hispanic households and 62 percent of African-American households do not earn enough to cover basic needs a...

Calling Out the Corporate Charade

Sarita Gupta | Posted 04.17.2013 | Business
Sarita Gupta

Shareholder season is upon us, marking the beginning of another round of corporate America's dog-and-pony shows held to placate their cronies and pat each other on the back for another profitable year.

Shahien Nasiripour

JPMorgan Chase, Wells Fargo Report Record Profits As Lending Remains Constrained

HuffingtonPost.com | Shahien Nasiripour | Posted 04.12.2013 | Business

BOSTON -- JPMorgan Chase and Wells Fargo, two of the biggest US banks by assets, kicked off Wall Street’s earnings season on Friday by reporting rec...

Fed's Leaked Minutes Went To Big Banks

AP | Posted 04.10.2013 | Business

WASHINGTON (AP) — Employees at JPMorgan Chase, Goldman Sachs Group, Wells Fargo and Citigroup were among those to receive market-sensitive informati...

Mortgage Lender Charged With Defrauding Government

Reuters | Jonathan Stempel | Posted 04.04.2013 | Business

(Reuters) - The United States on Thursday sued a New York mortgage company it said defrauded the federal government into insuring poor quality home lo...

WalMart Is Finally (Sort Of) a Bank

Ron Galloway | Posted 03.28.2013 | Business
Ron Galloway

WalMart really did, this time, finally get its bank. But will it work for them as a business? Should they be in the banking business at all?

Bank Hit With Cyber Attack

Reuters | Posted 03.26.2013 | Technology

(Reuters) - Wells Fargo & Co on Tuesday said its online banking website was experiencing an unusually high volume of traffic that it believes stems fr...

Consumer Reports Got It Dangerously Wrong on Identity Theft

Adam Levin | Posted 05.19.2013 | Business
Adam Levin

These risks are very real. Identity theft continues to morph and evolve in complexity and gains even greater traction with more organized criminal enterprises as their crime of choice. So you can imagine my frustration when I read the article in Consumer Reports.

Wells Fargo CEO Interrupted By Protesters

The Huffington Post | Jillian Berman | Posted 03.14.2013 | Business

A group of activists protesting Wells Fargo's foreclosure practices in California interrupted the bank's CEO Thursday while he was speaking at a banki...

Since When Did Megabanks Become Your Evil Step-Mother?

Adam Levin | Posted 05.11.2013 | Business
Adam Levin

Banks say transaction reordering is not simply a new way to squeeze profits from unsuspecting customers. They claim that by processing the largest transactions first, they're actually doing us a solid.

Innocent Man Drops Dead In Court After Bank Typo Fiasco

www.laweekly.com | Posted 05.09.2013 | Business

On the morning of Dec. 19, 2012, in a Torrance courtroom, Larry Delassus' heart stopped as he watched his attorney argue his negligence and discrimina...

Helping Debt Collectors?

Reuters | Posted 05.07.2013 | Business

By Aruna Viswanatha and Rick Rothacker March 7 (Reuters) - The largest U.S. banks face a multi-state investigation into whether they h...

Ben Hallman

Mortgage Settlement Relief Fails To Reach Millions Of Foreclosed Homeowners

HuffingtonPost.com | Ben Hallman | Posted 03.05.2013 | Business

Betsy Berry was worried she would lose her home just outside of New Orleans. Though she had never missed a payment on her mortgage, she says, Bank of ...

Banks Wrongfully Foreclosed On Over 700 Military Members

Dealbook | JESSICA SILVER-GREENBERG and BEN PROTESS | Posted 03.04.2013 | Business

The nation’s biggest banks wrongfully foreclosed on more than 700 military members during the housing crisis and seized homes from roughly two dozen...

SBA Resorts to Propaganda and Pixie Dust

Susan Wilson Solovic | Posted 04.27.2013 | Business
Susan Wilson Solovic

Small businesses continue to struggle and have been the hardest hit by the economic conditions of the last several years. Promoting propaganda and sprinkling pixie dust won't change a thing. Shame on the SBA.

'If I Did That To Anyone Else, I'd Be In Jail'

Home Defenders League | Posted 02.22.2013 | Business
Home Defenders League

For the next several weeks, HuffPost will be cross-posting "Foreclosure Horror Stories" from the Home Defenders League's "100 Stories Of What Wall Str...

Big Bank Finds Loophole In Controversial Financial Reform

Reuters | Posted 04.23.2013 | Business

* PE business produced $715 million in gains in 4th quarter * Norwest investments may be considered 'merchant banking' ...

This Is What Happens When You Get An Eviction Letter And A Cancer Diagnosis

Home Defenders League | Posted 04.14.2013 | Politics
Home Defenders League

For the next several weeks, HuffPost will be cross-posting "Foreclosure Horror Stories" from the Home Defenders League's "100 Stories Of What Wall Str...

LOOK: This Genius Debit Card Is Real

The Huffington Post | Harry Bradford | Posted 02.14.2013 | Business

One Texas man has taken the "I look freakishly like my pet" thing to a whole new level. Reddit user sydneyowen made internet waves this week when s...

Qualified Mortgages From the CFPB: Buyer Beware!

D. Sidney Potter | Posted 02.04.2013 | Business
D. Sidney Potter

Misrepresenting oneself to oneself has to be the lowest form of self-flattery. Not only does it breach the mother of all truism -- "know thyself" (wri...

Incorporating Savings Into Your Budget

Tim Chen | Posted 03.31.2013 | Business
Tim Chen

To further highlight a looming problem, fewer families report having saved in the past year, and median net worth (adjusted for inflation) has declined since 2007, according to the Federal Reserve's Survey of Consumer Finances. How can we as consumers turn things around?

Ben Hallman

Recent Foreclosure Settlement Was A Win For Big Banks

HuffingtonPost.com | Ben Hallman | Posted 01.25.2013 | Business

The $8.5 billion foreclosure abuse settlement reached earlier this month with the mortgage industry was designed, bank regulators said, to speed quick...