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Downtown Bank of America branch to close

At precisely 2 p.m. Friday, Dec. 3, 2010, Bank of America, at 1 N. 1st St., Suite 100, in downtown Lake Wales will close its doors, and some of its customers are not happy about it.

How financial reform will work

Almost two years after the near collapse of the U.S. financial system, a sweeping reform package has finally been signed into law. Now the real work begins.

Fidelity National Financial, Inc. Announces the Acquisition of Commerce Velocity

JACKSONVILLE, Fla., Sept. 2 /PRNewswire-FirstCall/ -- Fidelity National Financial, Inc. (NYSE: FNF), a leading provider of title insurance, mortgage services, specialty insurance and information services, today announced the acquisition of Commerce Velocity. Commerce Velocity provides technology solutions to mortgage lenders, loan servicing organizations and investment banks that enable users to ...

Layoffs begin at HomEq in North Highlands

Florida-based Ocwen Loan Servicing assumed control of North Highlands loan servicer HomEq today and expressed regret for "the loss of HomEq jobs" that began this morning.

Playing the China boom

It happens every weekday: A group of ladies gathers at the cavernous, badly lit stock-brokerage office on Shanghai's Xiangyang Lu in what was once, when China was colonized by European powers last century, known as the French Concession. There are usually at least four, and sometimes as many as eight.