Posts Tagged ‘America’
Bank Of America Takes Loss, Solid Performance ‘Clouded’ By Mortgage Hit
July 19th, 2011Bank Of America Takes Loss, Solid Performance ‘Clouded’ By Mortgage Hit Firm touts strong underlying business after red ink from Countrywide settlement. Read more on Forbes
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Bank of America to be Impacted by Mortgages
July 18th, 2011Bank of America to be Impacted by Mortgages Bank of America, which reports earnings before the bell on Tuesday, will be impacted by mortgage settlements. Click to view a price quote on BAC . Click to research the Banking industry. Read more on TheStreet.com
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Bank of America in $8.5B mortgage settlement
June 29th, 2011Bank of America in $8.5B mortgage settlement Bank of America in $8.5B mortgage settlement By CHRIS KAHN The Associated Press Published Jun 29, 2011 12:14PM MDT NEW YORK • Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the [...]
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Bank of America will open new customer service centers to aid customers facing difficulty in making their mortgage …
May 16th, 2011Bank of America will open new customer service centers to aid customers facing difficulty in making their mortgage … Seeking to expand its direct outreach to customers facing difficulty in making their mortgage payments, Bank of America will more than triple its number of customer assistance centers in the coming weeks, bringing the total to [...]
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Bank of America Surfs Swelling Recovery For A Sprint To $16 And Higher
December 22nd, 2010Bank of America Surfs Swelling Recovery For A Sprint To $16 And Higher We estimate that the mortgage business accounts for around 2% of the $16.12 Trefis price estimate fo Read more on Forbes
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Bank of America Exits First Mortgage Wholesale Channel
October 5th, 2010Bank of America Exits First Mortgage Wholesale Channel Bank of America Home Loans will exit the first mortgage wholesale channel to focus more operational resources toward fulfillment capacity for its leading direct-to-consumer retail channel, helping existing and new customers obtain mortgage financing. Read more on Business Wire via Yahoo! Finance
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Housing Assist of America: Nearly Half of Homeowners Terminated From Obama’s Mortgage-Aid Program
August 25th, 2010Housing Assist of America: Nearly Half of Homeowners Terminated From Obama’s Mortgage-Aid Program In this ailing housing market borrowers throughout the nation are losing their homes every day. The quick fix was thought to be the Obama administration’s mortgage relief program. Unfortunately this program has not been conducive for homeowners who are trying to hold [...]
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Some Hard Truths about America
July 15th, 2010Some Hard Truths about America Ahard truth about the U.S. economy is that corporations don’t need as many of us as workers but still need us as consumers. That dilemma helps explain why unemployment is stuck near 10 percent and why the economic recovery is stumbling toward a double dip. Read more on Baltimore Chronicle [...]
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Bank of America wants to suspend mortgage payments for jobless
April 23rd, 2010Bank of America wants to suspend mortgage payments for jobless Bank of America wants to give struggling mortgage customers who are collecting unemployment benefits up to nine months with no mortgage payment. Read more on Knoxville News Sentinel
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Bank of America Earns US$3.2 Billion in First Quarter
April 16th, 2010Bank of America Earns US$3.2 Billion in First Quarter Charlotte, April 16, 2010 (ots/PRNewswire) – Bank of America Corporation today reported first-quarter 2010 net income of US$3.2 billion compared with a net loss of US$194 million in the fourth quarter and net income of US$4.2 billion a year earlier. Read more on Stock World
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