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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

Displaying items 111-121
  • Bank of America to pay record $16.65 billion to settle mortgage claims

    Bank of America to pay record $16.65 billion to settle mortgage claims
    Bank of America Corp. has agreed to pay $16.65 billion to end federal and state investigations into the sale of toxic mortgage securities during the subprime housing boom, the largest settlement by a single company in U.S. history, the Justice...
  • Could plan to offer financial services save Postal Service?

    WASHINGTON Lawmakers and government officials looking for a way to save the cash-strapped U.S. Postal Service are considering a proposal that would make check cashing, small loans, prepaid cards and other financial services available at your local post...
  • U.S. economy grows at scorching 4 percent in 2nd quarter

    WASHINGTON The much-stronger-than-expected 4 percent rate of annual U.S. economic growth from April through June, reported Wednesday by the Commerce Department, put to rest fears that the U.S. economy was slipping into low gear. Offsetting a dismal start...
  • Prosecutors drop most real estate fraud charges

    Prosecutors drop most real estate fraud charges
    When Guilfort Dieuvil was arrested in May 2012, authorities said he had taken advantage of numerous South Florida homeowners during the region's foreclosure crisis. The business executive was accused of luring victims through Haitian and Spanish radio...
  • Sharpe's Apartment Lease In Charter Group's Building Raises More Questions

    Sharpe's Apartment Lease In Charter Group's Building Raises More Questions
    Ex-charter school boss Michael Sharpe's lease with his former employer has raised new questions about how much he has been paying to live in an Asylum Hill apartment owned by the government-subsidized Jumoke Academy charter group. Sharpe, who until late...
  • NAI Summit leases office building, and other company news

    NAI Summit leases office building Logan Winchester of NAI Summit recently represented the owner, Hanover Office Plaza, in the lease transaction with MaGauren Guild Malls, that plans to open an administrative branch at 961 Marcon Blvd. in Allentown. The...
  • Hires and promotions at Lehigh Valley businesses

    SUSAN M. SALVADOR was appointed vice president of enrollment and student affairs at Northampton Community College in Bethlehem Township. Salvador, Ed.D., has an international reputation and professional record in higher education. Prior to joining...
  • Buy-downs a creative way to reach a home sale

    If I pay money to your lender to lower your mortgage rate — permanently — will you make me a better offer on my house? That's a question that could become more commonplace as home sales slow, prices erode and mortgage rates increase. The...
  • Owning property in a self-directed IRA

    By Ilyce Glink and Samuel J. Tamkin Q: I have acquired two properties within my self-directed IRA. One was obtained when I was offered a deed in lieu of foreclosure and the other I bought from a bank three years ago at a low cost. Neither property has...
  • Lawsuit filed in water-rate flap

    A financial consulting company that miscalculated multiple years of water rates in 2012 should pay for its mistakes, which cost Glendale more than $9.3 million, according to a lawsuit city officials filed Wednesday in Los Angeles Superior Court. The $9....
  • Wall Street arbitration reform proposal faces rocky path

    (Reuters) - A proposal to strengthen the arbitration process that aggrieved investors use against securities brokers is running into obstacles just as the U.S. Securities and Exchange Commission prepares to consider it. The plan, submitted in June by the...