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Wells Fargo to re-file 55,000 foreclosure documents
Sep 22, 2011
After finding documentation problems, Wells Fargo says it's going to re-file paperwork for 55,000 foreclosures. But it's not going to issue a blanket moratorium on foreclosures. Nancy Marshall Genzer has more.
Bernanke says the Fed will investigate lender documentation
Sep 22, 2011
Fed Chairman Ben Bernanke says that the Fed is going going to look into whether lenders cut corners on documentation.
Bank of America to resume foreclosures
Sep 22, 2011
Bank of America says it'll resume foreclosures in almost two dozen states this week. The bank had halted foreclosures nationwide after discovering problems with paperwork. Marketplace's Nancy Marshall Genzer reports.
Who should sign off on the foreclosure mess?
Sep 22, 2011
The latest foreclosure mess is bringing everyone to battle. Kai Ryssdal speaks to Peter Swire, a former White House advisor on housing and foreclosures, about why he thinks someone needs to sign on the dotted line of blame.
Banks trying to move from fees to profit
Alisa Roth Sep 22, 2011
Can there be a world without overdraft fees? Not entirely, but they may not be as much. Banks like Bank of America seem to moving away from charging fees upon existing customers to drive profits from consumers. Alisa Roth reports.
A profit at Goldman Sachs?
Kai Ryssdal Sep 21, 2011
A final note on the way out this afternoon. We started today with Bank of America's earnings. The country's biggest bank has set aside more than 5...
"Put backs": A refund for banks' investors?
Bob Moon Sep 22, 2011
In light of the foreclosure paperwork fiasco, investors at private funds and mortgage-investment giants are looking to get their money back. And as Bob Moon tells Kai Ryssdal, they may just be able to, thanks to something called a "put back."
MID-DAY UPDATE: Flight delays and electric cars
Chau Tu Oct 19, 2010
Flight delays don't only cost you a lot of frustration and time -- they also happen to cost the country more than $32 billion a year. Jeremy Hobson...
How's the banking sector doing?
Sep 22, 2011
Bank of America lost more than $7 billion in its latest quarter whle Goldman Sachs reported it made nearly $2 billion. Why the disparity in this morning's earnings? David Kelly, JP Morgan Funds chief market strategist, talks the details with Steve Chiotakis.
Is the foreclosure crisis a case of systemic fraud?
Sep 22, 2011
There's no doubt that in light of the faulty paperwork by banks, the foreclosure crisis has become a huge tangled mess. Who's to blame and how much punishment is deserved? Kai Ryssdal talks to Congressman Alan Grayson about how much of it may have been deliberate systemic fraud.
