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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 12-22
  • Two thirds haven't filed claims to Ocwen mortgage settlement

    Two thirds haven't filed claims to Ocwen mortgage settlement
    Only about a third of eligible Florida homeowners has filed claims in a $2.1 billion mortgage settlement case, with the deadline approaching Sept. 15, the Florida Office of Financial Regulation said Wednesday. A total of 31,036 Floridians qualified...
  • Stronger hiring boosts outlook for U.S. home sales: Reuters poll

    WASHINGTON (Reuters) - Stronger job creation in the United States is making economists more optimistic about the outlook for home resales over the next two years, according to a Reuters poll that showed little change to expectations for house price rises....
  • Burger King in talks to buy Tim Hortons, move headquarters to Canada

    Burger King Worldwide Inc. is looking north to expand, launching acquisition talks with Canadian coffee-and-doughnut chain Tim Hortons Inc. and rekindling the political debate over offshore tax shifting. Stock in both companies soared Monday after...
  • Underwater mortgages decline across South Florida

    Underwater mortgages decline across South Florida
    Home price increases have cooled in recent months, but double-digit gains over the past year have helped more South Florida homeowners regain equity they lost during the housing debacle. "Underwater" mortgages fell sharply in the second quarter, to 22...
  • SEC, NY broker face off over scheme to profit from terminally ill

    NEW YORK (Reuters) - A New York broker went on trial on Monday over a U.S. securities regulator's claims he participated in a scheme designed by a Morgan Stanley employee to profit from the death of terminally ill patients through variable annuity sales....
  • Vacant Bethlehem home concerns neighbors

    While the economy seems to be picking up, there still are plenty of reminders about just how bad things were. One of them is next door to Roger and Pam Smith in Bethlehem. The other half of their twin home on High Street has been empty since 2009....
  • Beware, mortgage scammers on the rise again

    For years, it was "the Wild West" of real estate scams. As the housing crisis pummeled struggling homeowners, scammers pounced. They offered "easy" loan modifications and "foreclosure counseling" that were often nothing more than attempts to wrest money...
  • Fighting financial scams aimed at seniors

    Sally Hurme figured that if anyone knew about financial scams targeted at older Americans, it would be her family and friends. After all, Hurme, an attorney and AARP project advisor, had spent two decades educating seniors across the country about fraud...
  • Heirs fail to inform lender of mother's death

    Dear Liz: My mother passed away unexpectedly in late 2008. She had a mortgage, and the house was under her name only. She didn't leave a will. My family is still paying the loan, and the company does not know my mother passed away. We don't have a lot...
  • Lawmakers threaten Ex-Im Bank subpoena in oversight rebuff

    WASHINGTON (Reuters) - Top members of the House of Representatives Financial Services panel are threatening to subpoena the U.S. Export-Bank over the bank's refusal to make three employees available for questioning as Congress considers whether to renew...
  • Bank of America settles mortgage fraud case for $16.65 billion

    WASHINGTON The Justice Department on Thursday announced a $16.65 billion settlement with Bank of America, a record-setting deal that helps homeowners and ends myriad state and federal investigations triggered by the nation's mortgage meltdown. The...