CHARLOTTE, N.C., Jan. 3 (UPI) — Bank of America confirmed it was calling in loans from an undisclosed number of small U.S. businesses.
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BofA reels in some small business loans
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BofA reels in some small business loans
January 3, 2012 By
BofA in $335M settlement over Countrywide loans
December 21, 2011 By
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.
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BofA in $335M settlement over Countrywide loans
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Settlement announced over Countrywide loans
December 21, 2011 By
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.
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Settlement announced over Countrywide loans
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$335M settlement over Countrywide loans
December 21, 2011 By
Illinois Atty. Gen
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$335M settlement over Countrywide loans
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Writers Guild owed $785,000 in member strike loans
December 9, 2011 By
The Writers Guild of America, West has not fully recovered its finances after a strike by Hollywood writers four years ago crippled the industry.
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Writers Guild owed $785,000 in member strike loans
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BofA, JPMorgan Say Refund Demands Mount for Post-Bubble Loans
October 19, 2011 By
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.
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BofA, JPMorgan Say Refund Demands Mount for Post-Bubble Loans
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Did Bad Loans Continue at Bank of America After 2008?
October 19, 2011 By
Bank of America says new claims that it sold bad mortgages to Fannie and Freddie are on the rise, and that some of those claims come from loans sold after the financial crisis was well underway.
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Did Bad Loans Continue at Bank of America After 2008?
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Economix Blog: Did Bad Loans Continue at Bank of America After 2008?
October 18, 2011 By
Bank of America says new claims that it sold bad mortgages to Fannie and Freddie are on the rise, and that some of those claims come from loans sold after the financial crisis was well underway.
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Economix Blog: Did Bad Loans Continue at Bank of America After 2008?
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Lenders Will Shun $231 Billion Rollover of U.S. Emergency Loans
October 14, 2011 By
Bank of America Corp. (BAC) and Citigroup Inc. (C) are among firms planning to repay rather than roll over their share of $231 billion raised under a U.S.
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Lenders Will Shun $231 Billion Rollover of U.S. Emergency Loans
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BofA May Face HUD Fraud Claims for Soured Countrywide Loans
October 5, 2011 By
Bank of America Corp. should face fraud proceedings after its Countrywide unit submitted faulty data to back up claims for reimbursement on federally insured mortgages, according to an audit by a U.S. watchdog.
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BofA May Face HUD Fraud Claims for Soured Countrywide Loans
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