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Bank of America Settlement

Ben Hallman

Why Underwater Homeowners Won't Be Saved By Bank Of America's $17 Billion Deal | Ben Hallman | Posted 08.22.2014 | Business

Since law enforcement officials first began pursuing banks for misdeeds related to the housing collapse, the stated goal has been the same. The object...

Bank Of America Agrees To Pay $16.65 Billion To Settle Mortgage Charges

Reuters | Posted 08.21.2014 | Business

WASHINGTON, Aug 21 (Reuters) - Bank of America Corp has reached a $16.65 billion settlement with U.S. regulators to settle charges that it misled inve...

Bank Of America Reaches Record Settlement

AP | By JEFF HORWITZ and MICHAEL VIRTANEN | Posted 10.20.2014 | Business

WASHINGTON (AP) — Bank of America has reached a record settlement of nearly $17 billion to resolve an investigation into its role in the sale of mor...

Report: Bank Of America Nearing Massive Settlement Over Sketchy Mortgages

AP | Posted 08.07.2014 | Business

WASHINGTON (AP) — Bank of America is nearing a $16 billion to $17 billion settlement to resolve an investigation into its role in the sale of mortga...

Huge Settlement Looms

Reuters | Posted 08.06.2014 | Business

(Adds Department of Justice declined to comment) June 5 (Reuters) - Bank of America Corp could pay more than $12 billion to settle pro...

Bank Of America To Pay Up Over Sketchy Credit Card Allegations

Reuters | Posted 06.09.2014 | Business

(Adds comments from CFPB director, Bank of America) By Emily Stephenson and Peter Rudegeair WASHINGTON, April 9 (Reuters...

Huge Settlement Deal Approved

Reuters | Posted 04.02.2014 | Business

By Karen Freifeld NEW YORK, Jan 31 (Reuters) - A New York state judge on Friday approved most of Bank of America Corp'...

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 ...

$2.4 Billion Settlement Approved

Reuters | Posted 06.05.2013 | Business

* Bank accused of hiding Merrill losses, bonuses * Settlement among largest tied to financial crisis By Bernard Vaughan ...

Bank of America Agrees To $165 Million Settlement

Reuters | Posted 06.02.2013 | Business

WASHINGTON, April 2 (Reuters) - Bank of America Corp agreed to pay $165 million to resolve claims from the U.S. credit union regulator over purchas...

Ben Hallman

Mortgage Settlement Relief Fails To Reach Millions Of Foreclosed Homeowners | Ben Hallman | Posted 03.05.2013 | Business

Betsy Berry was worried she would lose her home just outside of New Orleans. Though she had never missed a payment on her mortgage, she says, Bank of ...

BofA Just Breaks Even

Reuters | Posted 12.17.2012 | Business

* Profit $340 mln after $1.6 billion litigation expense * Mortgage banking rev up 25 percent, bond trading rev jumps * E...

BofA Agrees On $2.5 BILLION Settlement

AP | MARCY GORDON | Posted 11.28.2012 | Business

WASHINGTON (AP) — Bank of America says it has agreed to pay $2.43 billion to settle a class-action lawsuit related to its acquisition of Merrill Lyn...

Bank Of America Shareholders Say $20 Million Settlement Isn't Enough

AP | Posted 06.21.2012 | Business

NEW YORK (AP) — A recently proposed $20 million settlement of shareholder claims by Bank of America Corp. over its 2009 acquisition of Merrill Lynch...

BofA May Get To Move Its $8.5 Billion Settlement Back To State Court

Posted 12.27.2011 | Business

(JONATHAN STEMPEL, Reuters) - An appeals court on Tuesday granted an appeal of a controversial ruling that moved consideration of Bank of America ...

That $335 Million BofA Settlement: The Good, the Bad, and the Very Ugly

Richard (RJ) Eskow | Posted 02.20.2012 | Politics
Richard (RJ) Eskow

Once again, bankers have bought their way out of being investigated without even acknowledging their wrongdoing. Justice isn't served when that happens.

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...

BofA Mortgage Settlement Pushes More People Into Foreclosure

AP | By PALLAVI GOGOI | Posted 11.23.2011 | Business

NEW YORK -- It's no secret that Bank of America wants to put its mortgage-related woes behind it. But it appears that a key $8.5 billion settlement wi...

Federal Agency Objects To Bank Of America's $8.5 Billion Settlement

The Huffington Post | Alexander Eichler | Posted 10.29.2011 | Business

In June, a director at Bank of America described the company's 2008 acquisition of Countrywide Financial -- the mortgage lender whose holdings include...

BofA Director: Countrywide Deal 'Worst Decision We Ever Made'

The Huffington Post | Alexander Eichler | Posted 08.30.2011 | Business

When Bank of America bought Countrywide Financial for $2.5 billion in stock in 2008, it must have seemed like a good deal. The troubles with Countr...

Bank of America: Too Big to Follow the Law

Don McNay | Posted 08.29.2011 | Business
Don McNay

Take from your money from places like Bank of America and move them banks and credit unions in your community. To my knowledge, none of them have paid a $8.5 billion settlement.

BofA Unit Agrees To Pay $137M In Municipal Bond Case

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — Bank of America has agreed to pay $137 million to resolve allegations that it paid for information that helped rig the bidding proc...

Bank Of America-Countrywide Settlement: Bank Will Pay $108 MILLION

AP | ALAN ZIBEL | Posted 05.25.2011 | Business

WASHINGTON — Bank of America will pay $108 million to settle federal charges that Countrywide Financial Corp., which it acquired nearly two year...

Jason Linkins

The BofA Merrill Settlement, In Perspective | Jason Linkins | Posted 05.25.2011 | Business

In this post-bailout age, many American taxpayers may be wondering to themselves, "Just how badly do the big Wall street banks have our nuts in a slin...

Bank of America's SEC Settlement Approved By Federal Judge

Posted 05.25.2011 | Business

NEW YORK (BY LARRY NEUMEISTER, AP) -- A Federal judge said Monday he would reluctantly approve an amended $150 million settlement between the Securiti...