Dec 11, 2012 The British bank HSBC is to pay almost $2 billion to U.S. authorities to settle a case over money-laundering and sanctions busting. The penalty is the biggest in the history of U.S. banking regulation.
Dec 10, 2012 Hedge funds and private-equity funds are buying up hundreds of foreclosed homes at a time, turning them into rentals, crowding out first-time home buyers looking for bargains.
Dec 7, 2012 Fannie Mae, Freddie Mac and some big banks will halt evictions from foreclosed homes during the holidays. Is this altruism or a publicity stunt?
Oct 9, 2012 Gulf Coast insurance premiums have skyrocketed in recent years, and homeowners advocates say they're seeing people at risk of going into foreclosure because they can't afford their mortgage plus their insurance.
Sep 25, 2012 It may be too early to assign blame for Europe's economic crisis, but it is not too early to figure out what went wrong in this country back in 2008. Sheila Bair headed the FDIC back then, and is out with a new book this morning, in which she says she saw signs of trouble in subprime mortgages way back in 2006.
Stacey Vanek Smith
Sep 10, 2012 The former Chief Restructuring Officer at the U.S. Department of the Treasury says the government could end up making $20 billion on the AIG bailout
Sep 4, 2012 Republicans are flying home from Tampa. Democrats are flying to Charlotte. Both locations send a lot of connecting flights through Atlanta's Hartsfield-Jackson International Airport. So what's the mood like there?
Aug 30, 2012 Four years after the financial crisis, it's like the chickens of 2007 and 2008 are finally coming home to roost.
Aug 21, 2012 Four years into the housing crisis, abandoned and derelict foreclosures -- and the crimes they attract -- keep police busy in one Los Angeles neighborhood.