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Highlights

A collection of news and information related to U.S. Bancorp published by this site and its partners.

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    Mar 28, 2013 |Story| Los Angeles Times

  1. Bank of America tops list of mortgage complaints by borrowers

    Bank of America Corp., which handles customer service on about 15% of U.S. home loans, has accounted for 30% of the mortgage complaints logged by the Consumer Financial Protection Bureau, according to a new database made public by the federal watchdog.
    Bank of America Corp., which handles customer service on about 15% of U.S. home loans, has accounted for 30% of the mortgage complaints logged by the Consumer Financial Protection Bureau, according to a new database made public by the federal watchdog....

    Tags: Financial and Business Services, Bank of America Corp., Banking, U.S. Consumer Financial Protection Bureau, Computing and Information Technology Industry

    2. Feb 1, 2013 |Story| Los Angeles Times

  2. Outages hit Bank of America electronic and phone banking

    Bank of America Corp. customers were unable to access its electronic banking operations and telephone call centers Friday morning.
    Bank of America Corp. customers were unable to access its electronic banking operations and telephone call centers Friday morning. "We're addressing the issue as quickly as possible," said Mark Pipitone, a technology and operations spokesman at the...

    Tags: Science and Technology, Bank of America Corp., Theft, Banking, Computing and Information Technology Industry

    3. Jan 7, 2013 |Story| Los Angeles Times

  3. Ten banks to pay $8.5 billion to settle foreclosure abuse review

    WASHINGTON -- Ten of the nation's largest mortgage servicers have agreed to an $8.5-billion settlement with federal regulators to end a review of foreclosure abuses.
    WASHINGTON -- Ten of the nation's largest mortgage servicers have agreed to an $8.5-billion settlement with federal regulators to end a review of foreclosure abuses. The settlement, announced Monday, involved some of the biggest names in the financial...

    Tags: Bank of America Corp., Financial and Business Services, Economy, Business and Finance, Federal Reserve, SunTrust Banks Incorporated

    4. Jan 6, 2013 |Story| Los Angeles Times

  4. $10-billion settlement of foreclosure abuse cases said to be near

    Banks and regulators worked late Sunday to finalize a nearly $10-billion settlement that would halt a much-maligned program to review foreclosures from the height of the housing crisis, according to four people familiar with the talks.
    Banks and regulators worked late Sunday to finalize a nearly $10-billion settlement that would halt a much-maligned program to review foreclosures from the height of the housing crisis, according to four people familiar with the talks. At least 14 banks...

    Tags: Financial and Business Services, Bank of America Corp., Banking, Goldman Sachs Group, Inc., Economy, Business and Finance

    5. Aug 22, 2011 | Los Angeles Times

  5. Wall Street Roundup: Watch out, Buffett. Wall Street's wizard.

    Money & Company
    Gold: Trading now at $1,891 an ounce, up 2.1% from Friday. Dow Jones industrial average: Trading now at 10,906.46, up 0.8% from Friday. Fed bounce. Investors are looking toward this Friday's Federal Reserve meeting -- the anticipation, along with the........
    6. Nov 4, 2010 | Los Angeles Times

  6. Bank stocks lead market surge on dividend hopes

    Money & Company
    Thursday’s wild stock market rally got a late boost from a report that federal regulators will open the door for bigger bank-stock dividends. The Federal Reserve is expected to soon allow financially strong banks to increase their dividends, the Wall......
    7. Jan 7, 2011 | Los Angeles Times

  7. Massachusetts high court slaps Wells Fargo, U.S. Bank over improper foreclosures

    Money & Company
    The highest court in Massachussetts has invalidated foreclosures initiated by Wells Fargo Bank and U.S. Bank, saying the banks failed to prove in court that they they owned the mortgages and thus had legal standing to seize the homes. The......
    8. Oct 30, 2009 | Los Angeles Times

  8. California National Bank expected to be seized tonight

    Money & Company
    Bank regulators are expected later today to take over Los Angeles-based California National Bank in what would mark the fourth-largest bank failure in the country this year, according to people familiar with the situation. The bank, a unit of FBOP......
    9. Jan 14, 2010 | Los Angeles Times

  9. Obama's big-bank tax: Which firms would pay it -- and could they just pass it on?

    Money & Company
    The Obama administration’s proposed “financial crisis responsibility fee” would hit the nation’s biggest names in banking, brokerage and insurance with a new tax aimed at raising about $9 billion a year for federal coffers.Here’s a look at...
    10. May 18, 2010 | Los Angeles Times

  10. Solar electric lease firm Sungevity expands to Los Angeles DWP service area

    Greenspace
    Rooftop solar electric panels can be expensive, even after factoring in the 30% federal tax credit and utility rebates. For some prospective photovoltaic customers, leasing, rather than buying, may be a better option because it allows them to pay for........
    11. Jun 21, 2010 | Los Angeles Times

  11. PG&E invests $100 million in SunRun home solar installations

    Money & Company
    PG&E Corp. apparently enjoys playing banker, saying Monday that it is creating a financing fund for yet another Bay Area solar company. In January, the parent of the Pacific Gas & Electric utility invested $60 million with SolarCity, a firm......
    12. Jun 21, 2010 | Los Angeles Times

  12. PG&E partners with SunRun to finance home solar photovoltaics

    Greenspace
    PG&E Corp. is partnering with yet another Bay Area solar company, investing $100 million to help pay for the installation of more than 3,500 home photovoltaic arrays. This time, the parent of the Pacific Gas & Electric utility is pairing......
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