Flagstar Pays $133M To Settle Mortgage Fraud
Flagstar Bancorp Inc. has agreed to pay $133 million to settle claims its mortgage unit engaged in fraudulent lending practices.
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Flagstar Bancorp Inc. has agreed to pay $133 million to settle claims its mortgage unit engaged in fraudulent lending practices.
The Engineering Society of Detroit Thursday introduced a multi-step process to boost the number of badly needed, scarce high-tech workers in southeast Michigan -- and give them more jobs to work in.
Republican Presidential Candidate Mitt Romney talking taxes, trade and his history as a "car guy" to the Detroit Economic Club, while nearby UAW leaders were focused on Romney's opposition to the auto industry bailout.
Emergency crews were called to a popular ice cream parlor in downtown Plymouth after a fire broke out inside the building.
Automation Alley, Michigan's largest technology business association, was recently awarded a $5 million grant from the U.S. Department of Labor under the H-1B Technical Skills Training Grant Competition.
It's AutoRama weekend at Cobo Center.
Joseph Welch, chairman, president and CEO of ITC Holdings Corp. in Novi, will discuss "The Power of Leadership" at the President's Leadership Seminar on Tuesday, Feb. 28 at Lawrence Technological University.
"My plan is very simple," Davis told Charlie Langton. "I've contacted a number of financial institutions who are willing to help the district so that we can meet payroll."
General Motors CEO Dan Akerson seeking to jump-start a new program to rebuild parts of Detroit's East Side, with a big donation.
Netflix suffered one of the largest drops in ACSI history as e-commerce inched up and competition stiffened, according to the American Customer Satisfaction Index's annual E-Commerce Report, produced in partnership with the Ann Arbor customer satisfaction measurement consultant ForeSee.
The core focus of the DBCC is to demonstrate effective leadership in the pursuit of parity, equity and inclusion in all areas of business growth and development in the Detroit region.
The rapid rise in gasoline prices is causing some concern in the auto industry. But, there is also caution that the industry is in a far better place than it was the last time fuel prices spiked.
For the first time since May, 2008, the Dow Jones Industrial Average traded above the psychological milestone of 13,000.
The agency has added new filters to screen for tax fraud and is working harder to help victims get their rightful refunds.
Ford Motor Company was named as one of America's top corporations for its support of women-owned suppliers, the first time an automaker has earned the award.
Brutally cold temperatures begin the weekend, and accumulating snow will finish it off.
Elected officials who represent Michigan are reacting to the fatal shooting Saturday morning by federal agents in south Minneapolis. The incident comes less than three weeks after a U.S. Immigration and Enforcement officer fatally shot 37-year-old Renee Good in the same city.
Federal agents in Minneapolis shot and killed another person in south Minneapolis Saturday morning.
A 19-year-old man reported missing in Ann Arbor, Michigan, on Friday, was found dead following a nearly 20-hour search in "extreme cold conditions," according to police.
An investigation is underway on Friday night after a driver crashed into the McNamara Terminal at the Detroit Metro Airport.
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
U.S. Secretary of Transportation Sean Duffy, who stopped at the Detroit Auto Show, claimed that efforts by the administration to reverse the Biden-era electric vehicle policies will make cars more affordable again, including rolling back fuel efficiency standards.
On average, drivers in the state are paying $2.96 per gallon for regular unleaded fuel.
The 2026 Detroit Auto Show opened to the public on Saturday. Some people at the show think the Trump administration is doing a good job of making cars more affordable. Others disagree.
The Detroit Auto Show's Charity Preview is Friday night, and CBS News Detroit is taking you there.
The brutal temperatures and sub-zero wind chills are forcing many communities to cancel events this weekend, except here in Detroit.
The nominees for the 98th annual Academy Awards were announced Thursday morning, and though "One Battle After Another," "Marty Supreme," "Frankenstein" and "Hamnet" were all nominated for plenty, it was "Sinners" that broke through with a record-smashing 16 nominations.
The James Beard Foundation has announced its 2026 semifinalist list, which includes chefs and venues from Michigan.
The 2026 Songwriters Hall of Fame inductees were revealed on "CBS Mornings" on Wednesday. See the full list.
Milford Independent Cinema has been a staple in its southeast Michigan community for decades.
Bystander videos verified by CBS News show the scene from multiple angles before the fatal shooting of 37-year-old Alex Prett in Minneapolis.
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
Elected officials who represent Michigan are reacting to the fatal shooting Saturday morning by federal agents in south Minneapolis. The incident comes less than three weeks after a U.S. Immigration and Enforcement officer fatally shot 37-year-old Renee Good in the same city.
The 37-year-old man killed by a federal officer in Minneapolis is identified by his family as Alex Jeffrey Pretti, an intensive care nurse who was "very upset with what was happening" in the ICE crackdown.
A man is dead after a shooting in Minneapolis on Saturday involving federal immigration agents from Customs and Border Protection. Here's what we know so far.
Planned Parenthood of Michigan has started to offer vasectomy services in Grand Rapids, with plans to expand the procedure across the state.
At certain temperatures and especially with wind chill, health experts said it can take minutes for frostbite or hypothermia to set in.
Officials in Oakland County, Michigan, say they will establish a committee in an effort to strengthen long-term water safety after Legionella bacteria were detected at two different area facilities last month.
While the termination of these substance abuse and mental health service funds is now reversed, the 48-hour rollercoaster is creating uncertainty and distrust from organizations relying on those dollars.
The U.S. House of Representatives approved Thursday a three-year extension of subsidies for the Affordable Care Act.
J.T. Compher scored twice as the Detroit Red Wings defeated the Winnipeg Jets 5-1 in front of a sold-out crowd of 15,225 on Saturday night.
Kevin Durant scored 32 points as the Houston Rockets ended the Detroit Pistons' four-game winning streak with a 111-104 victory.
Ryan Wedding, a 44-year-old Canadian national, was added to the FBI's Ten Most Wanted Fugitives list last year.
The Baltimore Ravens have hired defensive-minded Jesse Minter as their new head coach, the team announced on Thursday.
Detroit Lions offensive tackle Dan Skipper announced on Thursday that he is retiring after nine seasons in the NFL and has his sights set on coaching.
As the 2026 Detroit Auto Show wraps up Sunday, the roundtable discusses the signature event and standout moments from the past two weeks.
Penske and Reuss address a wide range of critical issues for Detroit, Michigan and the nation.
Huntington Place CEO Bryan Crowe and his team have been preparing to welcome hundreds of thousands of visitors to the Detroit Auto Show this week.
The focus is on health, as Dusty Mysen, a father of four from Oxford, diagnosed with pancreatic cancer several years ago, who underwent aggressive therapy, is now cancer-free five years later.
The roundtable discusses efforts by political and corporate leaders to raise the bar and improve K-12 education with a focus on raising reading scores.
Higher totals to the south
A nonprofit organization based in Dearborn, Michigan, has launched an initiative to honor a man whose death impacted an entire community.
Many travelers at Detroit Metro Airport are packing some extra patience with much uncertainly at the gate due this nationwide dreadful winter weather.
A man is dead after a shooting in Minneapolis on Saturday involving federal immigration agents from Customs and Border Protection, officials said.
Winter is fully upon us with dangerously cold temperatures and round after round of snowfall. The next round will come at the end of the weekend as a major storm system will move across the middle and eastern portion of the country.