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Legal theft: Bank of America seized wrong house in ... - Democratic Underground.com

Angela Iannelli returned home one day in October to find her house ransacked, doors padlocked and pet parrot Luke gone. "I cannot walk into my house by myself. … I tried it one time by myself, went over, walked in, but the whole time I was jumping ...

Thu, 11 Mar 2010 19:42:00 GMT

U.S. regulators seize small New York bank - Forex Pros

WASHINGTON, March 11 (Reuters) - Regulators on Thursday seized a small New York bank, bringing the number of U.S. bank failures this year to 27. The Federal Deposit Insurance Corp said LibertyPointe Bank, of New York City, was closed by state ...

Fri, 12 Mar 2010 01:11:00 GMT

Bank of America ends debit card overdraft fees - Tallahassee Democrat

Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees. Rules set by the Federal Reserve that ...

Fri, 12 Mar 2010 05:15:00 GMT

Obama to Tap Yellen for Fed Vice Chair: Source - ABC News

WASHINGTON (Reuters) - U.S. President Barack Obama plans to nominate San Francisco Federal Reserve Bank President Janet Yellen, a respected policy dove, to be vice chairman of the central bank, a source familiar with the process said on Thursday ...

Fri, 12 Mar 2010 05:22:00 GMT

Credit Unions

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Credit Union News

First Tech Credit Union to merge with California peer - MSN Money

First Tech Credit Union of Beaverton must first get the approval of state and federal regulators ... The combined credit union would be called First Tech Federal Credit Union, and would maintain three corporate offices, in Beaverton, Palo Alto and ...

Wed, 10 Mar 2010 22:57:00 GMT

W. Pa. school credit union sold amid concerns - Philadelphia Inquirer

NEW CASTLE, Pa. - Federal regulators have closed a credit union that served western Pennsylvania school employees amid losses and a Department of the Treasury investigation. The National Credit Union Administration says First Choice Federal Credit ...

Mon, 08 Mar 2010 14:02:00 GMT

Consonus and Hi-Tech Transportation Facilitate "Drama-Free" Data Center Relocation for ESL Federal Credit Union - YAHOO!

The move, scheduled for the February holiday weekend, was completed in less than 12 hours - beginning at the close of business on 2:00 p.m. Saturday - returning one of the country's largest credit unions to full operational status by Sunday afternoon. Recognizing their need for data center

Thu, 04 Mar 2010 15:40:00 GMT

BISA Recognizes Kern Schools Federal Credit Union with ... - PR Inside

CUSO Financial Services, L.P., : (CFS) a full-service broker dealer and Registered Investment Adviser that provides customized investment and insurance solutions to the credit union industry, announced today that its investment program at Kern ...

Thu, 11 Mar 2010 15:03:00 GMT

Mortgage Lenders

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Mortgage Lenders News

A New Chapter for Bankruptcy - New York Times

Almost 5 percent of mortgage loans are now ... actual value of their homes, even when their bubble-era mortgages far exceed realistic market prices. In fact, a “special rule” for home mortgages allows lenders to prevent normal bankruptcy relief ...

Fri, 12 Mar 2010 06:12:00 GMT

Sen. Corker calls claims he rewarded payday lenders ... - Knoxville News Sentinel

... proposal, the new consumer agency would write rules for non-bank financial companies like payday lenders but would be able to enforce those rules only against mortgage companies, the paper said. The new agency would not have the authority to ...

Fri, 12 Mar 2010 06:05:00 GMT

Buy Instead of Renting When You Have the Down Payment - Yahoo Finance

You're not going to get a 30 percent return on your house," said Steve O'Connor, senior director of residential finance at the Mortgage Bankers Association ... be applied towards the purchase price, which some lenders consider to be part of the down ...

Fri, 12 Mar 2010 06:05:00 GMT

Real Estate & Construction - PR.com

MLS, Mortgage Loan Specialists, Californ... San Rafael, CA Why MLS Mortgage Loan Specialists? Its simple. Lower Rates - We're a discount brokerage with preferred rates from many of our 300+ lenders...

Fri, 12 Mar 2010 06:05:00 GMT