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Bank Of America - Page 4

Bank Of America Called Grieving Widow "48 Times A Day":

Many families who have just lost a loved one have had to deal with the unfortunate task of dealing with the debt left behind after death. One widowed woman is suing Bank of America Home Loan Servicing, saying they called her as many as 48 times a day demanding payment. Ref. Source 9

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BofA discussing about 40,000 job cuts: report:

The number of job cuts are not final and could change. The restructuring aims to reduce the bank's workforce of 280,000 over a period of years, the Journal said. Ref. Source 3

Bank Of America History & Civil Business Politics

Dozens arrested after foreclosure protesters target Bank of America:

Police have arrested two dozen protesters for trespassing during a demonstration against Bank of America's foreclosure practices at the banking giant's offices in downtown Boston. Ref. Source 6

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Bank of America website remains down

There is a lot of speculation about why Bank of America's website remains down as some outraged customers try to get their money out of the bank following an increase in fees. Ref. Source 6

America Bank

Strange I was just able to visit their site unless this is referring to actually logging in to their user accounts if so I didn't try that.

Bank Of America

Monster Prediction From Bank of America - Another US Debt Downgrade Is Coming

In an analyst note, Bofa/ML Ethan S. Harris drops a bit of a bombshell prediction: Ref. Source 9

Bank America - Page 4

Bank of America will pay $335 million to settle federal claims that its Countrywide unit discriminated against minority borrowers, Justice Department officials announced.

Attorney General Eric Holder said a federal probe found discrimination against 200,000 qualified African-American and Hispanic borrowers from 2004 to 2008 during the height of the housing market boom. He said minority borrowers who qualified for prime loans were steered into higher interest rate subprime loans.

Bank of America purchased Countrywide in 2008 for $4 billion in a deal that made the bank the nation's leading mortgage lender at the time. The deal closed in July 2008 ahead of the meltdown in financial markets that fall. Ref. CNN

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BofA: From lender to landlord
Mortgage News

Bank of America will offer struggling homeowners a chance to stay in their homes as renters. The bank is starting a pilot program that will offer borrowers facing foreclosure the option to become tenants as soon as they transfer the title of their homes to the lender. The program, called "Mortgage to Lease," would forgive the borrower's
Source: Bankrate.com » Mortgages