| Dec 17, 2013
| 2:09 PM
Starting next month, about 130,000 Orlando-area homeowners with "underwater" mortgages are likely to face a new tax bill if they sell their house, modify their mortgage or lose their home in foreclosure.
A 2007 federal law that waived income taxes on...
| Dec 4, 2013
| 9:36 AM
Three of the nation's largest banks are not fully complying with new standards for dealing with mortgage customers that were agreed to as part of a $25-billion settlement of foreclosure abuse allegations, the settlement's monitor said Wednesday.
| Dec 20, 2013
In the historic Golden Dome field house in Garfield Park, bank executives and charity leaders gathered in August to trade hugs and self-congratulatory speeches.
Nonprofit groups on the West Side were helping restore communities by renovating homes...
| Dec 20, 2013
| 7:53 PM
After losing her job as a teacher, Guernica Williams tried for months to get her bank to modify the mortgages on her Windsor Mills home. When her unemployment insurance ended in 2012 and she defaulted, she kept trying, leaving voice mails for a changing...
| Dec 21, 2013
| 12:00 PM
Wells Fargo branch manager Rita Murillo came to dread the phone calls.
Regional bosses required hourly conferences on her Florida branch's progress toward daily quotas for opening accounts and selling customers extras such as overdraft protection....
| Dec 25, 2013
Re "Wells Fargo sales quotas come at cost," Dec. 22
From 1996 to 2002, I worked at a Wells Fargo branch in Brentwood. My experience was just as The Times reported for other workers.
I was criticized numerous times for not selling according to the...
| Dec 30, 2013
| 2:30 AM
The end of the year is a time to review the year that just was. If, like me, you write about the financial services industry, this means you tend to find yourself drinking heavily and/or upping your blood-pressure medication as you total the year's supply...
| Dec 28, 2013
| 7:39 AM
A Times investigation into the intense sales culture at Wells Fargo Bank, published in Sunday's newspaper, has drawn strong reaction from the bank's customers and employees. Many related experiences similar to those described in the story.
| Nov 13, 2013
| 11:55 AM
A new stock index was launched Wednesday to help investors keep track of the investing strategies of some of the smartest minds on Wall Street.
The iBillionaire index lists 30 large-cap stocks owned by billionaire investors, including Warren Buffett,...
| Nov 15, 2013
| 7:51 AM
WASHINGTON -- Moody's Investor Services on Friday said it cut the credit ratings for four big U.S. banks because of reduced chances the government would bail them out in a future crisis.
The ratings for bank holding company debt of JP Morgan Chase & Co....
| Nov 12, 2013
| 2:06 PM
More than seven years after former boy-band promoter Lou Pearlman's empire collapsed, victims of one of the biggest financial scams in Florida history will soon be getting some of their money back — but it's literally just pennies on the dollar....