Wells Fargo Foreclosing on Florida Man Who Made Mortgage Payments Early

Tracy Bloom / Truthdig May 26, 2013 Did you know you could make your mortgage payments early and still be foreclosed on? That's exactly what happened to a Florida man who says he not only made his loan payments ahead of time, but even paid more than was required each month, and is still being foreclosed on by Wells Fargo. Dig deeper ( 2 Min. Read )

More Than $100 Billion in Subsidies for Too Big to Fail Banks

Alexander Reed Kelly / Truthdig May 10, 2013 A Bloomberg Markets magazine study estimates that dirt-cheap borrowing programs and other benefits have saved the nation's six largest banks -- JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley -- $102 billion since 2009. Dig deeper ( 1 Min. Read )

Disabled Veteran Wrongly Hounded by Wells Fargo Dies in Court

Tracy Bloom / Truthdig Mar 11, 2013 A typo by banking giant Wells Fargo resulted in a more than two-year legal battle that came to a tragic conclusion in December when Larry Delassus' heart stopped in a Los Angeles area courtroom, a new LA Weekly report reveals. Dig deeper ( 2 Min. Read )

Big Banks Have Found Another Way to Rip You Off

Tracy Bloom / Truthdig Feb 25, 2013 Meet the major banks' newest partner: payday lenders, the owners of those check cashing stores that offer short-term loans with interest rates that sometimes exceed 500 percent. Dig deeper ( 2 Min. Read )

Foreclosure Settlement Ends Investigation Into Banks

Staff / Truthdig Jan 8, 2013 Homeowner advocates and some lawmakers are upset that an $8.5 billion settlement with JPMorgan Chase, Bank of America, Wells Fargo and other banks over improper foreclosures would let lenders off the hook both financially and legally. Dig deeper ( 1 Min. Read )

American Corporations Dodge Billions in Taxes

Staff / Truthdig Apr 15, 2012 You work hard. You pay taxes. But 26 corporations don’t -- or at least they didn’t between 2008 and 2011. General Electric, Boeing and Verizon were among the major companies that together enjoyed more than $78 billion in tax subsidies over the last four years, according to a report by Citizens for Tax Justice. Dig deeper ( 2 Min. Read )

Banks Pay Bupkis for Roles in Crisis

Staff / Truthdig Mar 8, 2012 Bank of America: $11.9 billion; JPMorgan: $5.44 billion; Wells Fargo: $4.35 billion. These are the fines the banks have paid so far in settlements to the government for wrongdoing amid the financial crisis. Dig deeper ( 2 Min. Read )

Will Mortgage Settlement Avoid Repeating Obama’s Foreclosure Failures?

By Paul Kiel, ProPublica Feb 11, 2012 On Feb 9, administration officials stood alongside state attorneys general to announce a $25 billion mortgage settlement reminiscent of deal made three Februarys ago Three years later, that program is widely considered a failure 9, administration officials announced a $25 billion mortgage settlement reminiscent of another deal made three Februarys ago. Dig deeper ( 4 Min. Read )

30 Companies Paid Lobbyists More Than the IRS

Staff / Truthdig Dec 19, 2011 An analysis by Public Campaign reveals that between 2008 and 2010, 30 of America's most profitable companies, including Verizon, Wells Fargo, FedEx, GE and Mattel, spent more money buying influence in Washington than they did paying taxes. (Full list after the jump.) Dig deeper ( 1 Min. Read )

Time to Move Your Money

Staff / Truthdig Nov 5, 2011 Saturday is the day 80,000 people have pledged to punish "too big to fail" banks by moving their money to credit unions and local community institutions. How does it work? Will banks feel the hurt? How can it be done quickly and conveniently? Josh Harkinson at Mother Jones answers these questions and more. Dig deeper ( 2 Min. Read )

Bank of America Plans New Debit Card Fee

Staff / Truthdig Oct 1, 2011 Bank of America announced that it will charge its customers $5 a month for making purchases with debit cards, and Wells Fargo, Chase and SunTrust are poised to follow suit. (more) Dig deeper ( 1 Min. Read )

Moody’s Downgrades Big Banks

Staff / Truthdig Sep 22, 2011 Moody's downgraded the credit ratings of three major U.S. banks Wednesday, and so far it appears that Bank of America was the hardest hit by the move. Dig deeper ( 1 Min. Read )