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Angelo Mozilo’s brilliant promotional skills powered Countrywide stock to soar 23,000% in 20...
Fortune via Yahoo Finance· 11 months agoThe passing of Angelo Mozilo on July 16 at age 83 inspired me to recall my in-person coverage of the...
Wells Fargo (WFC) Fined $3.7B by CFPB for Harming Consumers
Zacks via Yahoo Finance· 1 year agoWells Fargo & Company WFC has been ordered by the Consumer Financial Protection Bureau (“CFPB”) to...
Blocked by Wall Street: How homebuyers are being outbid in droves by investors
USA TODAY via Yahoo Finance· 9 months agoThis is the first in a series investigating the impact on Indianapolis homeowners and renters of...
Bank of America: Zero-down-payment mortgage for first-time buyers
NBC News via Yahoo News· 2 years agoBank of America said it is now offering first-time homebuyers in a select group of cities zero down...
Silicon Valley Bank's collapse is a reminder that you can never bank on California
VC Star | Ventura County Star via Yahoo News· 1 year agoDon’t bank on California, especially when banks are involved. Silicon Valley Bank’s collapse is...
BofA (BAC) Agrees to Settle Mortgage Crisis Suit With Ambac
Zacks via Yahoo Finance· 2 years agoBank of America (BAC) agrees to pay $1.84 billion to resolve Ambac's claims over mortgage-backed...
First-time homebuyers increasingly worried about coming up with down payments
Financial Post via Yahoo Finance· 12 months agoFirst-time homebuyers across Canada are increasingly concerned about their ability to afford the...
US judge tosses most of Commerzbank $1 billion mortgage lawsuit against BNY Mellon
Reuters via Yahoo Finance· 10 months agoA U.S. judge on Monday dismissed most of a lawsuit where Germany's Commerzbank sought to hold Bank...
SVB's newfangled failure fits a century-old pattern of bank runs, with a social media twist
The Conversation via Yahoo News· 1 year agoThousands of banks failed in the Great Depression. Bettmann via Getty ImagesThe failure of Silicon...