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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
  • Ocwen Financial to pay $2.5 million, submit to audit to keep California mortgage license

    Ocwen Financial Corp. is paying a $2.5 million penalty and submitting to a review by an independent auditor to avoid losing its license to make and service mortgages in California.
  • City National deal began with a Canadian banker going undercover

    City National deal began with a Canadian banker going undercover
    Before spending $5.4 billion to buy City National, the Los Angeles "bank to the stars," Royal Bank of Canada Chief Executive Dave McKay wanted to see firsthand what he would be getting. McKay personally went to branches in L.A. and New York, posing as...

    Ocwen settles California mortgage compliance dispute for $2.5 million

    Ocwen settles California mortgage compliance dispute for $2.5 million
    Ocwen Financial Corp. will pay $2.5 million and hire outside accountants to settle a dispute with California, which had threatened to suspend the license of the mortgage payment collector and foreclosure specialist. State financial regulators said...

    Man stole hundreds of thousands from Century Village retirees, police say

    Like many of the Century Village residents Ariel Luis Hernandez represented, Verna Munden said she was charmed by her smooth-talking financial planner. "I thought he was a nice guy. He never did anything to make me think otherwise," said Munden, 93....

    California's jobless rate falls to 7%

    California's jobless rate falls to 7%
    California employers slowed the pace of hiring at the end of 2014 after spending much of the year adding jobs at a furious pace. The state's labor market remained healthy in December, though less rosy than in earlier months, according to data from the...