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The Fed allows some banks to boost dividends

Nov 5, 2010
Stocks jumped especially high following the news that the Federal Reserve might let some banks boost their dividend payments to some investors. Scott Tong explains.

BankUnited's IPO likely to attract investors

Nov 1, 2010
BankUnited had to be saved by the FDIC a few years ago, only to later be bought out by private investors. As of last week, the company announced it is set to go public again, and the numbers are looking good for those looking to invest. Janet Babin reports.

Banks want to unload foreclosures as fast as possible

Nov 1, 2010
Banks want to shed its load of foreclosed properties -- now. Marketplace's Jennifer Collins asks why the rush?

Commerce announces income and spending are down

Nov 1, 2010
Incomes are down for the first time in more than a year, and spending has also fallen. What does this mean for the recession, and for the election. Julia Coronado has more.

BankUnited to go public

Oct 29, 2010
We could soon see the second coming of a poster child for the mortgage mess. Miami-based BankUnited went belly up after filling up on risky adjustable rate mortgages. Then the government swooped in and sold BankUnited to a group of private equity firms. Now those investors have announced they're ready to take the bank public. Janet Babin reports.

Banking without the Internet

Oct 28, 2010
Some banks are starting to charge fees if you want a paper statement mailed to you. The alternative? Download and print your own -- that is unless you don't have Internet access. Economy 4.0's David Brancaccio takes a look at the conundrum some people are in.

WEB EXTRA: Wells Fargo will re-file 55,000 foreclosures

Oct 28, 2010
Wells Fargo, the nation's fourth largest bank, announced that it plans to re-file paperwork for 55,000 foreclosures. Jaclyn Giovis reports on this Marketplace web extra.

For public good, not for profit.

Wells Fargo to re-file 55,000 foreclosure documents

Oct 28, 2010
After finding documentation problems, Wells Fargo says it's going to re-file paperwork for 55,000 foreclosures. But it's not going to issue a blanket moratorium on foreclosures. Nancy Marshall Genzer has more.

Bernanke says the Fed will investigate lender documentation

Oct 25, 2010
Fed Chairman Ben Bernanke says that the Fed is going going to look into whether lenders cut corners on documentation.

Bank of America to resume foreclosures

Oct 25, 2010
Bank of America says it'll resume foreclosures in almost two dozen states this week. The bank had halted foreclosures nationwide after discovering problems with paperwork. Marketplace's Nancy Marshall Genzer reports.