Bank of America said it would allow a limited number of customers facing foreclosure to remain in their homes as renters through a pilot program in the hardest-hit housing markets. Certain customers will be offered ...

The Federal Reserve said 15 of the 19 biggest U.S. financial institutions would be able to maintain capital levels higher than is deemed necessary in an economic scenario worse than the financial crisis of 2008. The ...

For the first time since the “robo-signing” of foreclosure affidavits surfaced in 2010, audits from federal officials detail an uncontrolled environment where supervisors often joined hired hands to sign stacks ...

Administration officials and state attorneys general today filed in federal court the proposed agreements with the nation’s top lenders in the $25 billion mortgage servicing settlement announced a month ago. The ...

More than a month after federal and state officials announced a $25 billion mortgage settlement to help wronged foreclosure victims, the deal with the nation’s top five lenders could be presented to a federal ...

Bank of America is expected to significantly reduce the mortgage balances of more than 200,000 households potentially facing foreclosure under a deal with U.S. officials. The pact is part of the larger $25 billion ...

Wells Fargo is expanding its $7 a month fee for checking accounts to six more states as it moves forward with eliminating free checking to more customers. Wells Fargo, which has branches in 39 states, has now added ...

Treasury and Housing officials say the biggest mortgage servicers in the administration’s foreclosure-prevention campaign, Home Affordable Modification Program (HAMP), showed “considerable” improvement in ...

The U.S. Consumers Financial Protection Bureau is now accepting complaints about checking and savings accounts, including issues with excessive or unfair banking fees. Since the agency launched last July, it has ...

Only months after it backtracked on debit card fees, Bank of America is testing new checking account fees that would go into effect unless customers agree to certain conditions, such as banking online, according ...