Financial Services

Home valuation code could soon undergo major revamp

2009-11-01 00:00:00

Could the controversial appraisal system imposed nationwide by mortgage giants Fannie Mae and Freddie Mac in May -- and now tied to lowball property valuations, busted home sale transactions and higher fees to consumers -- be on its way out? It just...

Sony sales slide 20% as global economy erodes profit

2009-10-30 16:34:37

Huffington to consumers: Boycott big banks [Updated]

2009-12-31 21:33:43

Insurers see banking future

2009-11-24 14:53:41

*This piece originally ran on A1 on Wednesday, October 22, 2008.* WellPoint Inc., the nation's largest health insurance company, ran into a snag last year while pursuing an important new business initiative. Federal banking regulators insisted on...

America votes for less regulation of Wall Street! Or not.

2010-05-27 16:34:57

Economic slowdown creates an Inland Empire of the north

2010-08-09 16:34:03

Obama sends consumer-protection bill to Congress

2009-07-01 00:00:00

President Obama, pushing a key part of his overhaul of financial regulations, sent to Congress a draft bill that would create the Consumer Financial Protection Agency, which he said would better protect Americans from unscrupulous practices and make...

Service sector grows slightly in January

2010-02-03 16:33:40

Fees Eat Away at Employees' 401(k) Nest Eggs

2006-04-23 00:00:00

John Fuchs was checking his 401(k) account online one afternoon when he saw something that seemed amiss. Listed along with his regular contributions was a $48 charge, in red. That's odd, he thought. Why would anyone be taking money out of his account?...

House Votes to Aid Insurers if Terrorists Attack U.S. Again

2001-11-30 00:00:00

The House approved legislation Thursday that would provide a federal safety net to insurance companies for future terrorist attacks, but the measure's fate is clouded by legal reforms added to it by Republicans. The Bush administration has said the bill...

The Future of Advice

2001-08-15 14:50:07

Better financial planning advice is on the way--and it's not just for the wealthy anymore. Thanks to technological advances and increasing competition, the average American already has access to financial planning tools and resources once available only...

Help for Those on Either Side of Retirement

2001-08-19 18:53:32

Financial planners often say that the most important 10 years in an investor's life are the five years before retirement and the five years immediately after. That's when vital issues are decided that can have profound effects on retirees' lifestyles,...

GMAC Financial Services announced on Dec. 10, 2009, that it will close its mortgage processing center in West Hartford , laying off 84 employees at the end of March 2010. GMAC Mortgage is a part of Detroit-headquartered GMAC Financial Services, which employs 135 in Connecticut , including 109

2009-12-10 00:00:00

testifies before the House Financial Services Committee on July 24, 2009 that consumer protection is best left with the central bank, rather than the proposed new federal agency.

2009-07-27 05:55:57

PNC Financial Services Group Inc. Announced: Feb. 3 Number of layoffs: 5,800 jobs Reason for the cuts: It plans to cut jobs following its acquisition of National City Corp. last year as the bank swung to a loss during the fourth quarter. PNC said it posted a loss of $248 million, or 77 cents per

2009-02-05 07:45:10