UBS AG, Switzerland’s largest bank, has agreed to pay $885 million to Fannie Mae and Freddie Mac to settle claims that it improperly sold them mortgage-backed securities during the housing b... Read more
Massachusetts filed suit against five major banks last month over deceptive foreclosure practices including such things as the “robo-signing” of documents. This could have an effect on negot... Read more
UnionBanCal Corp. customers may sue as a group over the bank’s overdraft-fee policy, a judge ruled in certifying the first class-action case in litigation against dozens of banks. The ruling... Read more
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