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Financial and Business Services

A collection of news and information related to Financial and Business Services published by this site and its partners.

Top Financial and Business Services Articles see all

Displaying items 1-5
  • A snapshot of mortgage news across U.S.

    Once again, the printouts heralding housing news that are heaped on my desk threaten to fall over and hurt me. In the name of safety, let's get the news (much of it mortgage-related) to the people:
  • BNP case spurs calls for whistleblower incentives in banking

    NEW YORK (Reuters) - BNP Paribas SA's $9 billion settlement with U.S. authorities, aided by internal whistleblowers, has spurred calls for federal banking regulators to protect and reward individuals who report wrongdoing by banks. The U.S. Securities...

    Former BofA short-sales employee gets prison term for taking bribes

    Former BofA short-sales employee gets prison term for taking bribes
    A former Bank of America mortgage employee was sentenced to 30 months in prison for pocketing $1.2 million in payoffs to approve sales of distressed properties for far less than their actual value. Kevin Lauricella, 29, who had worked for BofA in Simi...

    EU to look at financial services, defense, energy in Russia sanctions

    BRUSSELS (Reuters) - European Union foreign ministers have asked the European Commission to look at Russian defense, energy and financial services sectors when considering new sanctions against Moscow over the conflict in eastern Ukraine, Dutch Foreign...

    Local foreclosures decline, but still higher than U.S. average

    Local foreclosures decline, but still higher than U.S. average
    Foreclosure activity in the Chicago area continues to decline but remains above the national average. That's bad news for local home sellers who have a foreclosed home nearby because while home sales prices are decidedly up year-over-year, they could be...