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Bank of America Mortgage

Big Bank Takes Hit From Massive Legal Fees

AP | STEVE ROTHWELL | Posted 09.15.2014 | Business

NEW YORK (AP) — Bank of America said Wednesday that its second-quarter earnings were hit by higher litigation expenses. The Charlotte, N.C.-based b...

More Smoke and Mirrors From the Bank of America Pilot Program

D. Sidney Potter | Posted 06.03.2012 | Business
D. Sidney Potter

Three and a half years into this mess many banks are still resistance to "change." Why are most banks resistant? Because it's difficult, primarily.

BofA Continues To Fall In U.S. Mortgage Lender Rankings

Reuters | Posted 03.27.2012 | Business

By Rick Rothacker Jan 26 (Reuters) - Bank of America Corp was the fourth-biggest U.S. mortgage lender in the fourth quarter of 2011, ...

Bank Of America Settles Investors' Mortgage Lawsuit For $315 Million

AP | Posted 02.05.2012 | Business

NEW YORK - Bank of America has agreed to pay $315 million to settle claims by investors that they were misled about mortgage-backed investments sold b...

Shahien Nasiripour

Official: Bank Of America 'Significantly Hindered' Federal Investigation | Shahien Nasiripour | Posted 08.13.2011 | Business

NEW YORK -- Bank of America, the largest U.S. bank by assets, "significantly hindered" a federal investigation into the firm's faulty foreclosure prac...