May 9, 2012 The big 49-state deal on mortgages was supposed to help clear the foreclosure backlog. So how are the banks faring now?
Apr 19, 2012 The corporate earnings reports are flooding in this morning, with companies like Southwest Airlines and Verizon telling us how they did in the first part of this year. In recent quarters, companies have padded their profits by cutting costs.
Apr 19, 2012 "Your Bank of America" offers fake customer testimonials that take aim at the major institution's marketing and brand.
Mar 23, 2012 Bank of America starts a foreclosure-prevention program that lets borrowers give up ownership of their home but stay on rent-paying tenants.
Stacey Vanek Smith
Mar 23, 2012 Bank of America is launching a pilot program where homeowners who are at risk of foreclosure would hand over the deed to their house and then rent it back from the bank.
Heidi N. Moore
Mar 13, 2012 Turns out American banks are in a much better position financially than we thought.
Mar 1, 2012 The bank is reportedly currently testing different fee models -- including monthly charges of anywhere from $6 to $25. This comes after a pushback last year against a $5 monthly debit card fee.
Jan 4, 2012 While some banks are being encourage to lend more, pressure is also coming from regulators to crack down on riskier customers.
Jan 3, 2012 Other banks are also choosier about which businesses they lend to, and how much.