bank of america corp

Distressed Homeowners Aren't Using Help

In the last few years, outreach events by banks and nonprofits have been held all over the country, offering help to distressed homeowners. But even when they get personal invitations to these events, the vast majority of people who need mortgage modifications or short sales aren't showing up.

Will Banks Start Raising Dividends Soon?

The Federal Reserve may soon start letting some banks boost their dividends again, according to a story in The Wall Street Journal that cites anonymous sources.