Maryland Attorney General Doug Gansler has announced an agreement with Wells Fargo relating to allegedly deceptive marketing of adjustable rate mortgages written by companies it acquired in 2008. Gansler said Thursday the settlement involves mortgages written by Wachovia and Golden ...Read More »
The Court of Appeals dominates the most-read legal affairs stories of the week — and only one story is related to an opinion. Gov. Martin O’Malley appointed a new judge to Maryland’s top court, which also took the rare step ...
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WASHINGTON — Rising interest from would-be buyers is leaving U.S. homebuilders less pessimistic about the housing market. But tighter lending standards are still keeping many potential buyers from purchasing new homes. The National Association of Home Builders/Wells Fargo builder sentiment ...Read More »
When the small diner at 838 E. Fort Ave. in Locust Point — the legendary Rallo’s — closed in September, many regulars were doubly bereft. They mourned the death of personable owner Vincent Rallo, from lung cancer on July 7, ...
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WASHINGTON — Bank earnings rose over the summer to their highest level in more than four years, while the number of troubled banks fell for the second straight quarter, federal regulators reported Tuesday. The Federal Deposit Insurance Corp. said the ...Read More »
What a difference a decade can make. Ten years ago, half of the 10 banks with the most market share in Maryland were based here. But, as Allfirst Bank, First Union, Provident Bank of Maryland, Mercantile Bankshares Corp. and Farmers ...Read More »
DES MOINES, Iowa — Wells Fargo & Co. said Tuesday it has agreed to pay at least $37 million in a lawsuit which alleges several banks rigged bidding competitions to win business from state and local governments. Banks help municipalities ...Read More »
Union Trust. Signet. First Union. Wachovia. Wells Fargo. These are the banks that have held the stakes to the same trio of banking, checking, and charge accounts I’ve used since 1983. It’s been up, up and away for my little ...Read More »
NEW YORK — SunTrust Banks Inc. said on Monday it will stop charging a $5-per-month fee for using debit cards and return the fees it’s collected since June to its customers. The Atlanta-based bank followed larger rivals like Chase and ...Read More »
NEW YORK — Stocks opened the week lower Monday after the German government played down hopes that a solution to Europe’s debt crisis was imminent. Expectations that a resolution to the crisis could be reached at a European summit in ...Read More »