Buffett May Not Net OneMainFriday, July 15, 2011 @ 8:41AMWarren Buffett can’t always get what he wants. I was never really sure why he wanted a piece of OneMain, Citigroup’s consumer lending business. These are assets Citigroup had housed in their CitiHoldings unit, the bank’s remainders bin. They didn’t want to sell the unit cheap. One obstacle for other bidders
JPMorgan boosts profit as outlook improvesThursday, July 14, 2011 @ 5:42PMJPMorgan Chase posted a higher-than-expected second-quarter profit as it wrote off fewer bad mortgages and credit card loans.
JPMorgan boosts profit as outlook improvesThursday, July 14, 2011 @ 5:42PMJPMorgan Chase posted a higher-than-expected second-quarter profit as it wrote off fewer bad mortgages and credit card loans.
New rules spark down payment debateSaturday, July 9, 2011 @ 11:10PMIndustry fears that a return to old-time lending could keep sales in the doldrums for years.
Oregon Legislature shut door in homeowners' faces over foreclosuresSaturday, July 9, 2011 @ 5:01PMAlthough the Oregon Legislature wrestled with a number of issues this session, consumer protection was not one of them.
US stocks nudge three-year highThursday, July 7, 2011 @ 3:42PMU.S. stocks jumped, sending the S&P 500 close to a three-year high as retail and job market data bolstered confidence in the economy.
Fourth of July: Americans Call Country the 'Greatest Nation in the World'Sunday, July 3, 2011 @ 12:46PMA new Gallup poll reports that Americans are starting to think more often about our roots and widely agree that the United States has a unique character because of its history and Constitution.
NASA's space shuttle program ends this month: Does anybody care?Saturday, July 2, 2011 @ 6:04PMFuture manned missions are planned, but years may pass with no American spaceships in flight
Wells Fargo Reports 687,047 Active Trial and Completed Modifications through May 2011Friday, July 1, 2011 @ 2:30PMDES MOINES, Iowa--(BUSINESS WIRE)--Wells Fargo & Co. (NYSE:WFC) reported today that active trial or completed mortgage modifications started since the beginning of 2009 were in place on 687,047 loans in its servicing portfolio as of May 31, 2011. That included 585,213, or 85 percent of the total, done through the company’s own modification programs and 101,834 done through the federal government ...