| Jun 29, 2014
| 4:13 AM
At the helm of a ship early in her career with the U.S. Coast Guard, Sandra Stosz was given an ultimatum:
"You stand on the bridge like John Wayne with a six-gun in each hand barking orders and then I'll qualify you."
Stosz, a 1978 graduate of the U....
| Jun 17, 2014
| 1:19 PM
SunTrust Banks Inc, a large Southeastern regional bank, has agreed to pay $968 million to settle a U.S. federal probe into allegations of mortgage origination, servicing and foreclosure abuses, the U.S. Justice Department said on Tuesday.
| Jun 17, 2014
| 3:33 PM
Maryland will receive $33 million from a nearly $1 billion joint state-federal settlement reached with SunTrust Mortgage Inc. over past problems with its mortgage servicing and foreclosure procedures, the Maryland Attorney General's office announced...
| Jun 3, 2014
| 3:08 PM
Insurance companies large enough that their failure could disrupt the U.S. economy will face a familiar regulator as former Connecticut Insurance Commissioner Thomas R. Sullivan starts a newly created position next week at the U.S. Federal Reserve....
| Apr 23, 2012
| 8:14 AM
By several measures, metropolitan Baltimore's economy is doing better than fine.
In 2010, median household income was nearly $15,000 higher than the national average, and during the last decade, real incomes grew even as they shrank nationally. Metro...
| May 3, 2013
| 2:47 PM
Tax lien auctions are a little-known but juicy Florida financial market worth up to $1 billion a year. And, the Sun Sentinel has found, banks, hedge funds and other financial powerhouses have hit upon a way to game the system, squeeze out the little guy...
| Feb 22, 2012
| 8:45 AM
It's a common complaint in South Florida: High penalties and fees for overdrawing the balance in your checking account.
Today, the federal Consumer Financial Protection Bureau is launching an inquiry into overdraft programs to see how they are...
| Jun 17, 2013
| 5:38 PM
Marylanders are big complainers.
At least when it comes to the financial services they receive.
Maryland ranked No. 2 in the nation in mortgage complaints per capita, second only to New Hampshire, for grievances lodged with the Consumer Financial...
| Jul 29, 2012
Borrowers overwhelmed by private student loan debt often discover an ugly truth too late — these loans can't be discharged in bankruptcy like other types of consumer loans.
A new report on private student loans by the Consumer Financial...
| May 14, 2012
| 4:23 PM
Maryland banks and credit unions are likely to be among the first to notice that an elderly customer is being financially exploited by a con artist or an unscrupulous relative.
So it makes sense that these institutions take part in an effort to protect...
| May 6, 2012
The thrill of potentially winning big bucks gets people to spend millions of dollars regularly on lottery tickets. Can this same concept excite Marylanders to become better savers?
We'll find out.
A new law that kicks in next month will allow banks...