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Will the Wells Fargo settlement affect your mortgage?

WASHINGTON - Wells Fargo & Co agreed to pay $175 million to resolve allegations by the U.S. Justice Department that it discriminated against qualified African-American and Hispanic borrowers in its mortgage lending.

Recent Money News

Authorities probe San Bernardino, city mulls bankruptcy move

- Authorities are investigating financially troubled San Bernardino, California, where the city council voted this week to approve a bankruptcy filing amid a claim by the city attorney that fraudulent accounting may have contributed to the city's problems.

U.S., 13 Jul 2012

Insight: The curious case of Iowa broker's Romanian property empire

NEW YORK/BUCHAREST - Russell Wasendorf Sr., the founder of failed Iowa brokerage PFGBest, had risky investments a long way from the Midwest markets where he built his name.

13 Jul 2012

Canada's TMX looks to U.S. as next step in expansion

TORONTO/NEW YORK - Final approval of a bid for the operator of the Toronto Stock Exchange opens the door to a bigger role for the new entity in the global exchange industry, with expanding into U.S. markets apparently first on the agenda.

13 Jul 2012

Your Practice: Five questions to test your disaster plan

- After spending a weekend last month watching the Waldo Canyon wildfire approach her city of Colorado Springs, Colorado, Lisa Forbes had no question about how to start her work week.

13 Jul 2012

How one model state is implementing healthcare reform

CHICAGO - Now that the U.S. Supreme Court has ruled on healthcare reform, the front line of the battle moves to the states. Some are vowing to resist implementation of the Affordable Care Act (ACA), while others are moving full speed ahead. And the stakes for uninsured Americans are enormous.

12 Jul 2012

Reuters Money Tweets

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