| Sep 19, 2013
| 5:45 PM
Michael Barr served as the U.S. Treasury Department's assistant secretary for financial institutions in 2009 and 2010. He oversaw the Obama administration's dealings with Congress in creating the Consumer Financial Protection Bureau.
And he's still...
| Sep 19, 2013
| 5:32 PM
NEW YORK — JPMorgan Chase & Co. has made a rare declaration for Wall Street: The nation's biggest bank admitted it broke the law.
The financial giant acknowledged Thursday that it violated securities laws and agreed to pay fines of $920 million as...
| Sep 6, 2013
| 9:05 PM
WASHINGTON — Policy changes by two of the biggest players in the mortgage market could open doors to home purchases this fall by thousands of people who were hard hit by the housing bust and who thought they'd have to wait for years before owning...
| Aug 30, 2013
| 4:06 PM
The gig: As the founding chairman and chief executive of the nonprofit Latino Business Chamber of Greater Los Angeles, Jorge C. Corralejo, 63, has been a cheerleader for small to medium-size minority-owned businesses. The nonprofit group has five...
| Aug 20, 2013
| 2:31 PM
WASHINGTON -- The federal government's consumer financial watchdog on Tuesday sued Morgan Drexen Inc., of Costa Mesa, alleging it charged more than 22,000 customers millions of dollars in illegal upfront fees to help them resolve outstanding debts....
| Aug 8, 2013
| 4:13 PM
Rocco Bersane died in March at the age of 56 after being hospitalized for a gallbladder infection and liver failure.
At the time of his death, Bersane had about $1,175 in a Bank of America checking account. His disability-related Social Security...
| Aug 2, 2013
| 7:35 AM
WASHINGTON -- A federal judge has dismissed a lawsuit by a Texas bank, two free-market advocacy groups and 11 states against the Dodd-Frank Wall Street reform law, saying they did not show the likelihood of financial harm from the new government...
| Apr 27, 2013
| 5:00 AM
Michele and Russell Poland's credit was shot, but they managed to buy their suburban dream home anyway.
After a business bankruptcy and a home foreclosure, they turned to a rare option in this era of tightfisted banking — a subprime loan.
| Jul 16, 2013
| 8:33 PM
WASHINGTON — The nation's consumer watchdog for credit cards, mortgages and other financial products is set to emerge from a legal cloud that threatened its authority after a Senate deal paved the way for confirmation of its director.
| Jul 12, 2013
| 7:55 AM
WASHINGTON -- Sen. Elizabeth Warren has launched a campaign to make banks boring again as she pushes legislation to enact stricter regulations forcing deposit-taking financial institutions out of the investment business.
The Massachusetts Democrat wants...
| Jul 23, 2013
| 1:10 PM
WASHINGTON -- The Consumer Financial Protection Bureau on Tuesday sued Castle & Cooke Mortgage, accusing it of paying illegal bonuses to employees who steered home buyers toward higher-interest loans.
The suit marks the first time a company has been...