Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: wells fargo

Homebuilder optimism rises for 5th straight month

WASHINGTON — U.S. homebuilders are gradually growing more optimistic about the depressed housing market and believe homes sales could pick up sharply at the beginning of 2012. The National Association of Home Builders/Wells Fargo said its builder sentiment index rose ...

Read More »

Maryland joins pending multibillion-dollar foreclosure settlement

Maryland stands to receive between $895 million and $959 million in benefits under a pending multibillion-dollar nationwide settlement with the five largest mortgage lenders over alleged foreclosure abuses, Attorney General Douglas F. Gansler said Wednesday. Gansler joined the ranks of ...

Read More »

California, New York considering foreclosure-abuse deal

WASHINGTON — California and New York were considering Monday whether to join most other states in backing a long-awaited settlement with banks over foreclosure abuses. The deal would require the five largest mortgage lenders to reduce loans for about 1 ...

Read More »

N.Y. attorney general sues banks in foreclosure effort

ALBANY, N.Y.— New York’s attorney general on Friday accused some of the nation’s largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures while saving banks over $2 ...

Read More »

$25B U.S. mortgage settlement goes to states

WASHINGTON — The nation’s five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday. A draft settlement between the banks and U.S. states has been sent ...

Read More »

Buyer interest leaves homebuilders less gloomy

WASHINGTON — U.S. homebuilders are growing a little less pessimistic about the depressed housing market after seeing more people say they might be open to buying a home this year. The National Association of Home Builders/Wells Fargo builder sentiment index ...

Read More »

Wells Fargo net rises on deposits, lending growth

NEW YORK — A steadier mortgage business, higher commercial lending and an increase in deposits lifted Wells Fargo & Co.’s fourth-quarter profit by 20 percent. The San Francisco-based bank reported Tuesday that the amount of mortgages it wrote in the ...

Read More »

Bumpy earnings season ahead for banks

NEW YORK  — You can usually tell a lot about the health of the U.S. economy by looking at the financial results of banks. They’re the people who finance new factories, plant expansions and fatter payrolls. But don’t count on ...

Read More »

Brooklyn bagels coming to Pikesville

Watch out, Brooklyn bagels are coming to Pikesville. The Original Brooklyn Water Bagel Co. will soon open Maryland’s first location in 2,865 square feet of space in Hooks Village at 25 Hooks Lane. Known for its bagels made with the ...

Read More »