Posts Tagged ‘Bank’
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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FHB Mortgage Bank announces HUF 200 bln note and mortgage bond program for 2011-12
February 10th, 2011FHB Mortgage Bank announces HUF 200 bln note and mortgage bond program for 2011-12 Hungary’s FHB Mortgage Bank will launch a HUF 200 billion covered bond and note program for 2011 and 2012, the bank said on the website of the Budapest Stock Exchange on Wednesday. Read more on Budapest Business Journal
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Red Bank ex-broker stole $3.84M, gets 12 years in prison
January 8th, 2011Red Bank ex-broker stole $3.84M, gets 12 years in prison A former mortgage broker who stole $3.84 million from 11 clients while playing the stock market, including victims from Florham Park, was sentenced Friday to 12 years in state prison. Read more on Asbury Park Press
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Central Bank Interest Rate Outlook
January 7th, 2011Central Bank Interest Rate Outlook As debt concerns continue to plague the euro zone and recent flooding wreaks havoc on the Australian economy, central bankers face important decisions at upcoming meetings. Market participants price in little chance of a rate hike by any major bank, but reaction to other forms of monetary accomodation will likely [...]
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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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Mortgage approvals rise to 45,000 in November – Bank
December 21st, 2010Mortgage approvals rise to 45,000 in November – Bank LONDON (Reuters) – Major banks approved 45,000 loans for home purchase in November, up from 44,000 in October, and net mortgage lending also picked up, the Bank of England’s latest Trends in Lending survey showed on Monday. Despite the modest improvement in mortgage approvals, the figures [...]
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Bank stocks keep falling as mortgage fears mount
October 17th, 2010Bank stocks keep falling as mortgage fears mount (10-15) 14:26 PDT WASHINGTON, (AP) — Lurking mortgage problems left over from the collapse of the housing market sent bank stocks tumbling for a second day Friday and the cost of buying protection for bank debt, now… Read more on San Francisco Chronicle
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