MoneyWatch: Bank settles mortgage-loan case; Age group's cuts hit economy

499 views · Published 14 May 2016 · 1:20 · Indexed 20 September 2026

Channel: CBS News · 2016 · News & Politics

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A New York-based bank has agreed to pay a multimillion-dollar settlement to resolve allegations that it knowingly certified mortgage loans that violated federal rules. Also, a decline in spending by one age group is costing the U.S. economy billions, according to a new poll. Marlie Hall reports on the day's top MoneyWatch headlines.

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