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Bank of America Countrywide

Bank Of America Deal A Victory For New York Families

Eric T. Schneiderman | Posted 10.21.2014 | Politics
Eric T. Schneiderman

This settlement sends a strong message that banks that prey on customers and investors will be held accountable. I will continue to investigate financial institutions that bend the rules for their own benefit, and pursue equal justice for all New York families.

Big Press on Bank of America Treatment of Whistleblower Michael Winston -- But, You'll Have to Read German!

Jerry Ashton | Posted 09.07.2014 | Business
Jerry Ashton

Germany's respected Handelsblatt, that country's parallel to the Wall Street Journal, recently devoted an entire section and a featured interview to the deliberate and ongoing crushing of American Michael Winston's finances and spirit by one of our country's largest banks.

Big Win For U.S.

Reuters | Posted 10.24.2013 | Business

* Bank found liable on one civil fraud charge * Verdict seen as a major win for the U.S. govt * Former Countrywide exec found liable on one frau...

BofA Reaches Record Settlement

Reuters | Posted 06.17.2013 | Business

* Countrywide accused of misleading investors on MBS * Largest settlement for federal MBS class action * BofA says much ...

Mark Gongloff

Government Names Individual In Subprime Mortgage Lawsuit

HuffingtonPost.com | Mark Gongloff | Posted 01.31.2013 | Business

The U.S. government has sued a specific individual in a major case alleging fraudulent subprime mortgage sales in the lead up to the financial crisis....

'Worst Deal In The History Of American Finance'

Posted 06.29.2012 | Business

A huge mistake is weighing on Bank of America. The bank’s acquisition of mortgage lender Countrywide in 2008 has cost BofA more than $40 billion...

Black Borrowers Face Higher Hurdles in Lending, Study Shows

Posted 02.26.2012 | Black Voices

By Stefanos Chen This post originally appeared at AOL Real Estate. Qualifying for a loan in today's tight credit market is hard. But add race to...

Loren Berlin

2008 Mortgage Deal Shows How Not To Structure Current Settlement

HuffingtonPost.com | Loren Berlin | Posted 02.04.2012 | Business

As states gear up to finalize a national mortgage servicing settlement, some are looking to avoid the painful lessons of a 2008 mortgage deal that fai...

Mark Gongloff

The Incredible Shrinking Bank Of America

HuffingtonPost.com | Mark Gongloff | Posted 02.02.2012 | Business

Once the biggest bank in the country, Bank of America is shrinking before our very eyes. After more than three years at the top, Bank of America is...

BofA Allegedly Modified Home Loans To Keep Complainers Quiet

The Huffington Post | Alexander Eichler | Posted 03.27.2012 | Business

In an attempt to clean up its battered image, Bank of America allegedly provided mortgage assistance to customers willing to drop complaints about the...

Bank Of America Keeping Bankruptcy An Option For Mortgage Unit

Posted 11.17.2011 | Business

Countrywide Financial's lawsuit losses could compel parent Bank of America Corp (BofA) (BAC.N) to put up the unit on the bankruptcy block, Bloomberg r...