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NEW YORK — As Bank of America Corp. pulls itself free from a swamp of mortgage liabilities, new troubles keep threatening to suck it back under. BofA agreed to settle a big insurer's claims over faulty mortgage bonds for $1.7 billion Monday. But...
William Perez has been waiting a long time to tell someone all the sad and crazy things he's seen. Perez runs a crew that crisscrosses Los Angeles and the Antelope Valley doing the dirty but essential job of cleaning up homes that have been foreclosed...
Tags: Punishment, Criminals, Fines, National Government, Politics
The brown-leather journal is my passport to Sept. 11, 2001. When I hold it in my hands, images and memories are no further away than yesterday. I had no notebook with me when my husband and I dropped our children, 8 and 4, at school that morning. Then...
Nation NowOccupy Pittsburgh begins dismantling camp as Monday deadline looms. A judge on Thursday upheld an eviction order by the private owner of Mellon Green, the property occupied....
Money & CompanyA big August surge in foreclosure actions by Bank of America and Bank of New York sent the number of California homeowners entering foreclosure to levels not seen in a year....
Money & CompanyThe strongest sign of worry about the U.S. debt drama may be showing up in the dollar, which is on track for its third straight weekly decline. If you don’t like what’s happening in America, one way to register that......
Money & CompanyThe rush to safety now is coming at an unusual cost, at least for big investors at one major U.S. bank. Bank of New York Mellon said Thursday that it would begin charging institutional customers a fee if they place......
Money & CompanyBank 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...
Money & CompanyOn a day when the Federal Reserve is busy working with other major central banks to keep the European financial system from imploding, the Fed got some bad news on the economic homefront: U.S. consumer prices were up more than......
Money & CompanyEuropean markets rally despite disappointment the ECB didn't take stronger steps to help bolster the financial system...
May 7, 2013 |Story| Los Angeles Times
May 29, 2012 |Column| Los Angeles Times
Aug 21, 2011 |Story| Los Angeles Times
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Dec 2, 2010 | Los Angeles Times
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