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California to join multistate probe of banks' foreclosure practices
Money & CompanyCalifornia will join a multistate investigation of whether banks violated laws by cutting corners while foreclosing on homes, a spokesman for Atty. Gen. Jerry Brown says. The task force is headed by Iowa Atty. Gen. Tom Miller, who, as reported...... -
Chase branch expansion continues as BofA scales back
Money & CompanyJPMorgan Chase & Co. is pressing ahead with an expansion of its California branch network even as Bank of America Corp. plans to close some less profitable offices. The Chase Bank parent is saying that it intends to open about...... -
Mortgage layoffs continue: this time it's BofA
Money & CompanyIn the latest round of downsizing for the incredible shrinking home-loan business, 1,500 Bank of America Corp. loan processors and underwriters will lose their jobs. The Charlotte, N.C., bank is closing half of its 200 small loan fulfillment centers... -
Glenn Beck accused of using work of conservative bloggers and others without attribution
Top of the TicketGlenn Beck is being accused by fellow Republicans of not giving credit where it is due on the Glenn Beck website... -
Bank of America, Fidelity National reach deal over title insurance for foreclosed homes
Money & CompanyIn the latest fallout from foreclosure processing problems, Bank of America announced late Tuesday that it had reached an agreement with Fidelity National Financial Inc. to provide title insurance on the sale of foreclosed properties. BofA spokesman Dan... -
Granada Hills Charter High School wins national Academic Decathlon
L.A. NOWGranada Hills Charter High School was named winner of the national Academic Decathlon on Saturday, emerging from a horse-race of a competition with a Texas school to keep the title in California for a ninth consecutive year. The big win...... -
BofA to open more outreach centers for delinquent homeowners
Money & CompanyBank of America plans to triple the number of its assistance offices for homeowners in trouble on their mortgages, including adding seven of the new outreach centers in California. The Charlotte, N.C.-based bank has been clobbered by losses on high-risk..... -
Another Academic Decathlon win--this time online
L.A. NOWA Los Angeles high school has racked up another Academic Decathlon win, coming just a week after Granada Hills Charter High School won the district’s 12th national decathlon title. Academic Decathlon organizers also held an online competition, which... -
Bank of America settles municipal bid-rigging accusations
Money & CompanyBank of America is paying $137 million to settle government accusations that it paid kickbacks to win business from municipal governments. Bank of America, the nationâs largest bank, is paying $36 million to the Securities and Exchange Commission, and... -
Fishermen in Taiji, Japan, slaughter adult members of dolphin pod, release young
L.A. UnleashedThe Japanese village notorious for the dolphin hunt documented in the film "The Cove" has slaughtered a pod of dolphins but spared the youngest animals, activists said Tuesday. Most of the dolphins caught by residents of the seaside village of...... -
Wells Fargo beats expectations with 3% increase in earnings
Money & CompanyThe Wells Fargo stagecoach continues to roll despite the weak economy, weathering the San Francisco bank's 2008 acquisition of Wachovia Corp. better than some critics had predicted. Wells Fargo beat Wall Street expectations by reporting third-quarter... -
Arizona, Nevada sue Bank of America over loan modifications
Money & CompanyIn a lawsuit echoing recurring complaints about mortgage lenders, Arizona accused Bank of America Corp. of failing to implement anti-foreclosure measures it had promised in March 2009 to settle accusations that its Countrywide Financial unit had defrauded...
Oct 12, 2010
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