FBI mortgage fraud probes grow to 2,600 cases

The Federal Bureau of Investigation’s caseload for mortgage fraud has continued to grow as homeowners cope with the shattered housing market, FBI Director Robert Mueller told the U.S. Congress on Wednesday. “The schemes have evolved with the changing economy, targeting vulnerable individuals,... 

Utilities help pull stocks higher after early fall

Stocks bounced back from early losses to post moderate gains as traders funneled money into utility and financial companies. Major market indexes ended at their highest levels in nearly a year. Stocks slid at the open following a drop in overseas markets on worries that a trade war would erupt between...