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Evidence of abuses and self-dealing in force-placed insurance suggests there may be far larger problems in how servicers are handling home loans than sloppy document recording.
By Jeff HorwitzNovember 9 -
Citi chief and rap superstar honored at 9/11 benefit; Florida Bankers Association receives accolades from the advertising industry; Synovus exec garners honors from trade association.
November 4 -
In admitting that employees had falsely attested knowledge of borrowers' debts in 55,000 affidavits, Wells confirmed the privately voiced suspicions of some rivals: that its court documents had the same flaws as those of Bank of America Corp., Ally Financial Inc.'s GMAC Mortgage unit and other lenders.
By Jeff HorwitzOctober 28 -
Selling any big-ticket item involves three steps: getting prospects to hear a pitch, demonstrating the item's attractiveness and making the argument that it's worth the price — even when the product is an antibank lawsuit.
By Jeff HorwitzOctober 27 -
Both industry representatives and many consumer legal advocates agree that the crucial documentation should be aggregated in the hands of trust document custodians and that it should be retrievable.
By Jeff HorwitzOctober 22 -
A near-record of mortgage refinancings and expense control were essential to Wells Fargo in grinding out $3.3 billion in profit as loan demand sputtered again.
By Jeff HorwitzOctober 20 -
Two years after reaching a deal for Wachovia's crisis-time acquisition, Wells Fargo is only now beginning to integrate Wachovia's core markets.
By Jeff HorwitzOctober 15 -
Two years after reaching a deal for Wachovia's crisis-time acquisition, Wells Fargo is only now beginning to integrate Wachovia's core markets.
By Jeff HorwitzOctober 15 -
Wells Fargo & Co. and eight state attorneys general announced an agreement on Wednesday in which Wells will expand principal reductions and loan modifications for underwater homeowners.
By Jeff HorwitzOctober 6 -
Direct-deposit advances from banks are cheaper for borrowers than taking out payday loans or racking up overdraft fees. What's vexing to regulators, consumer advocates and banks themselves is whether they're cheap enough — or fairer.
By Jeff HorwitzOctober 4 -
Wells Fargo & Co. will no longer offer retail brokerage services to Canadian residents, the company said Thursday.
By Jeff HorwitzSeptember 30 -
Nearly two months after the deadline for banks to stop supplying overdraft coverage to customers who did not give their express permission, overdraft is alive and well.
By Jeff HorwitzSeptember 27 -
A Los Angeles Superior Court judge has thrown out a lawsuit filed on behalf of shareholders by the former chairman of Nara Bancorp, a Los Angeles company serving the Korean-American community.
By Jeff HorwitzSeptember 23 -
Private mortgage insurers brought some rowdy lenders to the real estate party of the last decade. Now the insurers may be making it easier for some of their guests to skip out on the cleanup.
By Jeff HorwitzSeptember 21 -
Banker-hate takes its toll on would-be gubernatorial candidate and former JPMorgan Chase exec Rick Lazio; role of Tim Geithner cast in financial crisis flick; and more.
September 17 -
Even some of the commissioners who approved the proposal suggested it wasn't an ironclad obstacle to gussying up complex balance sheets.
By Jeff HorwitzSeptember 17 -
Even some of the commissioners who approved the proposal suggested it wasn't an ironclad obstacle to gussying up complex balance sheets.
By Jeff HorwitzSeptember 17 -
Bill Isaac's "poppycock" enlivened a book-signing; it's alphabet soup as BBVA becomes the "official bank" of the NBA and a sponsor of the WNBA; and more.
September 16 -
For the last three years, private mortgage insurers have suffered two great woes: credit losses on policies written before the crisis and an inability to compete with Federal Housing Administration prices on new insurance.
By Jeff Horwitz and Kate BerrySeptember 15 -
Jamie Dimon, before banking; banks again seem ready to attach their names to big sporting venues; BankAtlantic calls off a defamation case; and more.
By Jeff Horwitz and Paul DavisSeptember 9



