More than a year after the nationwide probe into the improper and possibly illegal “robo-signing” of foreclosure affidavits, five of the nation’s top banks have entered a $25 billion settlement with state ...

This coming week may finally see a settlement – as high as $25 billion – between states and the nation’s top lenders over improperly processed foreclosures by hired “robo-signers.” In the final stretch, ...

In a sweeping new plan to help millions of “underwater” homeowners, President Obama today said borrowers can save $3,000 a year on average if Congress approves his program with a price tag of $5 billion to $10 ...

The foreclosure crisis is very much a tale of two states – judicial versus non-judicial. In the 23 states were a judge has the final say, the foreclosure pipeline has stalled, compared to the 27 states with a ...

Consumers may be returning to the simplicity of paying with cash, and wavering on the use of debit cards, as new regulations have created a confusing purchasing environment. A report by Javelin Strategy & Research ...

A trimmer Bank of America survived a debit card fee controversy and losing its largest-bank ranking to JPMorgan Chase in the final months of 2011 to emerge with a $2 billion profit for the fourth quarter. Bank of ...

A long-anticipated settlement between major banks and the federal government over “robo-signing” – or fraudulent foreclosure documentation – is very close, according to Housing Secretary Shaun Donovan. In ...

The victories by consumers over big business were resounding in 2011, although the stakes were small – monthly fees hovering at $5 or less. But to focus on the dollar amount is to miss the point that consumers ...

Verizon Wireless has decided to kill its plan for a $2 “convenience fee” on one-time bill payments made online or over the telephone – a day after word spread and customers vented their anger on the company’s ...

Bank of America and a contracted debt collector violated state law by harassing a 68-year-old Florida woman, repeatedly attempting to collect her deceased husband’s outstanding credit card bill of $16,651.52, ...