(NEW YORK)Shares of most national banks mostly rose Wednesday, despite Washington Mutual Inc. and Wachovia Corp. reported wider-than-expected second-quarter losses a day earlier.READ MORE
(WASHINGTON)Industry data to be released Wednesday will show whether home loan applications continued to rise as mortgage rates fell last week. The Mortgage Bankers Association is scheduled to...READ MORE
(CHARLOTTE, N.C.)Surprisingly large second-quarter losses at Wachovia Corp. and Washington Mutual Inc. have quickly revived concerns that the financial sector still has a long way to go before it r...READ MORE
(NEW YORK)Wall Street shook off early doldrums and closed sharply higher Tuesday after another drop in oil prices encouraged investors to set aside financial sector worries and go bargain hu...READ MORE
(BRIDGEPORT, Conn.)One of 38 people charged in a global crime ring that allegedly stole personal information from unsuspecting Internet users pleaded guilty Tuesday to a federal fraud charge.READ MORE
(WASHINGTON)The head of a major mortgage industry trade group is stepping down after more than seven years at the organization and is being replaced by the former president of a California mor...READ MORE
(CHARLOTTE, N.C.)Bank of America Corp. has become the latest in a string of big banks whose second-quarter earnings, while hurting from the impact of the credit crisis, still managed to beat Wall S...READ MORE