Support Marketplace

Banks

Pages

Wells Fargo to re-file 55,000 foreclosure documents

Oct 28, 2010
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.
Posted In: Banks

Bernanke says the Fed will investigate lender documentation

Oct 25, 2010
Fed Chairman Ben Bernanke says that the Fed is going going to look into whether lenders cut corners on documentation.
Posted In: Banks

Bank of America to resume foreclosures

Oct 25, 2010
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.
Posted In: Banks

Who should sign off on the foreclosure mess?

Oct 21, 2010
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.
Posted In: Banks, Housing

Banks trying to move from fees to profit

Oct 19, 2010
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.
Posted In: Banks

A profit at Goldman Sachs?

Oct 19, 2010
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...
Posted In: Banks, Goldman Sachs

"Put backs": A refund for banks' investors?

Oct 19, 2010
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."
Posted In: Banks

MID-DAY UPDATE: Flight delays and electric cars

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...
Posted In: Bank of America, Banks, China, electric cars, flight delays, foreclosures, France, hybrid cars, Johnson & Johnson, mid-day update

How's the banking sector doing?

Oct 19, 2010
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.
Posted In: Banks

Is the foreclosure crisis a case of systemic fraud?

Oct 18, 2010
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.
Posted In: Banks, Housing

Pages