Leading Loan Information Resource
Anthony Andrade was forced to rent the San Antonio, Texas home he planned to buy after Bank of America Corp. approved a mortgage and then scuttled three closings over two months with last-minute document requests.
Read More:
Obama Vows to Cut Red Tape Stymieing Homeowners Loans: Mortgages
Government-backed loans to doctors have surged more than 10-fold in the past decade, a trend industry insiders say is a red flag that doctors in America are in financial distress.
Continued here:
Doctors need loans to make payroll
Government-backed loans to doctors have surged more than 10-fold in the past decade, a trend industry insiders say is a red flag that doctors in America are in financial distress.
Read the original post:
Doctors living on loans
TAKING THE PULSE: America’s businesses continued to help banks grow in the fourth quarter, but commercial loans are unlikely to even the impact from turbulent capital markets and sluggish consumer borrowing.
Read More:
Preview:US banks, clients taking loans, not advice
CHARLOTTE, N.C., Jan. 3 (UPI) — Bank of America confirmed it was calling in loans from an undisclosed number of small U.S. businesses.
More here:
BofA reels in some small business loans
Bank of America agreed to pay $335 million to resolve allegations that its Countrywide unit engaged in a widespread pattern of discrimination against qualified African-American and Hispanic borrowers on home loans.
Read More:
BofA in $335M settlement over Countrywide loans
WASHINGTON—Illinois Atty. Gen. Lisa Madigan and federal officials today announced a $335 million national settlement with Bank of America stemming from former mortgage giant Countrywide allegedly steering minority borrowers into subprime loans and charging them higher interest rates and fees on mortgages.
Excerpt from:
Settlement announced over Countrywide loans
Illinois Atty. Gen
See the original article here:
$335M settlement over Countrywide loans
The Writers Guild of America, West has not fully recovered its finances after a strike by Hollywood writers four years ago crippled the industry.
See the original post:
Writers Guild owed $785,000 in member strike loans
Bank of America Corp. (BAC) and JPMorgan Chase & Co. (JPM) reported more demands from investors to repurchase faulty mortgages made after 2008, when the banks said they upgraded their standards to curb defaults.
Excerpt from:
BofA, JPMorgan Say Refund Demands Mount for Post-Bubble Loans
