Bofa

200,000 Homeowners to Receive Principal Reduction Offer From Bank of America

Anna Cuevas | Posted 05.09.2012

Read More: Mortgage Crisis, Bank of America, Mortgage Principal Reduction, Loan Modifications, Bofa, B of A, Principle-Reductions, Anna Cuevas, Money News
Anna Cuevas

As part of a $25 billion settlement agreement between the government and five major banks for fraudulent foreclosures, Bank of America agreed to $11 billion in mortgage principal reductions.

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Protests Begin At Bank of America Shareholder Meeting

Posted 05.09.2012

Read More: Foreclosures, Dnc, Occupy Bank of America, Trillium, Mountaintop Removal Mining, Bank of America, Mtr, Obama, Bofa, Citizens United, Foreclosure Fraud, DNC Convention, 2012, Occupy-Wall-Street, Video, Wall Street, 2012 Election, Occupy Wall Street, 99%, Banks, Occupy, Politics News

Activists from Occupy Wall Street, the environmental movement and labor unions, along with victims of home foreclosures, have begun massive demonstrat...

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Zach Carter

Bank Of America Meeting Gets Protestors Warmed Up For Democratic National Convention

HuffingtonPost.com | Zach Carter | Posted 05.09.2012

Read More: Foreclosures, Occupy Bank of America, Charlotte, Dnc, Shareholders Meeting, Trillium, 2012 Elections, Mountaintop Removal Mining, Bank of America, Obama, Mtr, Bofa, Pollution, Citizens United, Foreclosure Fraud, Coal, 1%, 2012, DNC Convention, Occupy-Wall-Street, Video, Wall Street, Mountaintop Removal, November Election, Protest, Occupy Wall Street, 99%, Environment, Banks, Occupy, November Elections, Politics News

Dozens of good-government groups, Occupy Wall Street contingents, environmental activists, struggling homeowners and institutional investors are desce...

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Bank of America Seeking Homeowners as Tenants

Anna Cuevas | Posted 05.08.2012

Read More: Save Your Home, BofA Foreclosures, Foreclosure Crisis, Bank of America, Foreclosure, Bofa, Lease to Own, Home Foreclosures, Business News
Anna Cuevas

In a pilot program, Bank of America will rent homes back to the homeowners who defaulted on their mortgage.

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Zach Carter

Bank of America Targeted By Protesters And Investors As SEC Weighs Political Spending Rule

HuffingtonPost.com | Zach Carter | Posted 05.07.2012

Read More: Democratic Convention, Dnc, Charlotte, 2012 Elections, Lobbying, Economy, Bank of America, Regulation, Jobs, Obama, Bofa, Citizens United, Political Spending, 2012, Bac, Politics, Video, Regulations, Wall Street, 2012 Election, Campaign Contributions, November Election, Sec, Securities and Exchange Commission, November Elections, Politics News

WASHINGTON -- As the Securities and Exchange Commission considers requiring corporations to disclose their political spending to shareholders, a coali...

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Zach Carter

Bank of America Protest Draws Preemptive Crackdown

HuffingtonPost.com | Zach Carter | Posted 05.02.2012

Read More: Democratic Convention, Israeli-Palestinian Conflict, Dnc, Charlotte, Democratic National Convention, Wells Fargo, Economy, Bank of America, Jobs, Obama, Bofa, DNC Convention, 2012, Politics, Video, Wall Street, 2012 Election, Demonstration, Occupy Charlotte, Protest, Ows, Banks, Occupy, November Elections, Shareholder Meeting, Politics News

The city of Charlotte, N.C., has announced broad restrictions on protests planned for a May 9 Bank of America shareholders meeting, citing safety conc...

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Big Bank Plans To Lay Off Thousands

The Huffington Post | Bonnie Kavoussi | Posted 05.01.2012

Read More: Layoffs, Video, Bank Layoffs, Bofa Layoffs Senior Bankers, Bank of America Layoffs, Bofa Layoffs, Bank of America, Layoffs Bank of America, Senior Bankers Bofa Layoffs, Bofa, Senior Bankers Bank of America Layoffs, Bank-of-America-Layoffs, Layoffs Bofa, Bank of America Layoffs Senior Bankers, Business News

Occupy Wall Street protests are the least of Bank of America's problems. The bank is starting to lay off its more profitable employees. On Tuesday,...

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

AP | Posted 04.24.2012

Read More: Merrill Lynch, Shareholders, Bofa Settlement, Bank of America Shareholders, Bank of America, Delaware, Bofa, BofA Shareholders, Bank of America Settlement, Ap, Video, Business News

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

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Alexander Eichler

Fake Bank Of America Website Asks How You'd Run BofA

HuffingtonPost.com | Alexander Eichler | Posted 04.19.2012

Read More: Yourbofa, Rainforest Action Network, Brian Moynihan, Video, Bank of America Website, Countrywide Financial, Fake Bofa Website, Occupy Wall Street, New Bottom Line, Bank of America, Bofa, The Yes Men, Occupy Movement, Business News

"Banking is too complicated for ordinary people to understand," reads the press release from YourBofA.com. "That's not to say people are stupid." T...

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Hawaii Sues Banks For Alleged Credit Card Scam

The Huffington Post | Bonnie Kavoussi | Posted 04.13.2012

Read More: JPMorgan Chase, Video, Credit One, Hawaii Sues Chase, Chase, Bank of America, Hawaii, Hawaii Sues Bank of America, Bofa, Barclays, Hawaii Sues, Business News

Fed up with credit card fees? So is the state of Hawaii. The state of Hawaii filed a lawsuit against seven major banks and credit card companies on...

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Zach Carter

Bank Of America Sues Itself

HuffingtonPost.com | Zach Carter | Posted 04.10.2012

Read More: Foreclosures, Foreclosure Crisis, Robo-Signing, Lynn Szymoniak, Economy, Mortgage Crisis, Bank of America, Jobs, Bofa, Foreclosure Fraud, Housing Crisis, Bac, Wall Street, Robosigning, Banks, Foreclosure, Housing Bubble, Business News

WASHINGTON -- Bank of America is suing itself for foreclosure. "It's crazy," housing data analyst Michael Olenick told HuffPost. "They shouldn't b...

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Bank Of America Tells Woman To Miss Mortgage Payments, Then Forecloses On Her House

The Huffington Post | Alexander Eichler | Posted 04.10.2012

Read More: Foreclosure Crisis, Mortgage Modification, Missed Mortgage Payment, Bank of America, Mortgage Crisis, Atlanta, Homeowners, Bofa, Occupy Atlanta, Occupy Movement, Pamela Flores, Mortgage Payments, Mortgages, Video, Loan Modifications, Occupy Wall Street, Foreclosure, Slidepollajax, Business News

Here's how Pamela Flores tells it: A couple years ago, she found that she couldn't keep making mortgage payments on her Atlanta house. She says she...

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War Veteran Receives Refund From Bank Of America

Posted 04.09.2012

Read More: Fraud, Video, Bank of America, Bank of America Fraud, John McDevitt, Bofa Refunds, Veteran Gets Refund, Bofa, Bank of America Refunds Veteran, Debit Card Charges, Business News

After nearly two years of disputes with Bank of America, Afghanistan war veteran, John McDevitt will be refunded $25,000 in fraudulent debit charges, ...

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BofA Allegedly Called Debtor 38 Times After He Filed For Bankruptcy

The Huffington Post | Alexander Eichler | Posted 03.30.2012

Read More: Debt, Bankruptcy Law, Video, Bankruptcy, Debtors, Bank of America, Debtor Discharge, Bofa, Credit Card Debt, Slidepollajax, Business News

A bankruptcy judge in Florida recently sent a message to big banks: When your debtors go into bankruptcy, quit trying to get money out of them or you'...

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Bank Of America Could Be Looking At A Big Old Lawsuit

The Huffington Post | Alexander Eichler | Posted 03.08.2012

Read More: Embezzlement, Bank of America Embezzlement, Maine Trial Lawyers Association, Video, Bank of America Lawsuit, Washington, Bofa Embezzlement, Bank of America, Bofa Lawsuit, Bofa, Washington State, Seattle, Davis-Lynch, Joseph Phan, Big Banks, Dan Satterberg, Business News

A million-dollar embezzlement case in Seattle could land Bank of America in hot water. Joseph Phan, a former Seattle Public Utilities employee, is ...

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BofA Allegedly Imposed 'Unnecessary' Requirements On Disabled Homeowners

AP | Posted 04.28.2012

Read More: Bofa Charge, Disabled, Wisconsin, Disabled Borrowers Bofa, Bofa Disabled, Bank of America, Bofa Lawsuit, Bofa, Bofa Accused, Michigan Bofa, Business News

WASHINGTON -- The U.S. Department of Housing and Urban Development charged Bank of America Corp. on Monday with discriminating against three disabled ...

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BofA's Brian Moynihan Gets HOW Much After A Pay Cut?

AP | Posted 04.18.2012

Read More: Brian Moynihan, CEO Pay, Video, Banker Pay, Wall Street, Countrywide, Countrywide Financial, Restricted Stock, Bank of America, Brian Moynihan Pay, Bofa, Big Banks, Bank Bonuses, Ap, Business News

CHARLOTTE, N.C. (AP) — Bank of America's chief executive is taking a pay cut. Brian Moynihan will be eligible for up to $5.9 million ...

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State Regulators Subpoena Big Bank

Reuters | Posted 04.11.2012

Read More: Video, Bank of America Subpoena, Bank of America Massachusetts, William Galvin, Reuters, Bank of America, Massachusetts Securities Regulators, Bofa, Massachusetts, Massachusetts Regulators, Subpoena, Business News

* Massachusetts eyes CLO documents * Investors lost $150 mln on products * Bank of America shares down 1.2 percent ...

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

Reuters | Posted 03.27.2012

Read More: JPMorgan Chase, Video, Mortgage Lender, Bofa, Bofa Mortgage, Bank of America Mortgage, Bank of America, Reuters, Business News

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

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BofA Allegedly Modified Home Loans To Keep Complainers Quiet

The Huffington Post | Alexander Eichler | Posted 03.27.2012

Read More: Loan Modifications, Mortgage Modification, Countrywide Financial, Bank of America, Mortgage Crisis, Overdraft Fees, Bank of America Countrywide, Bofa, Mortgage-Backed Securities, Arizona, Housing and Urban Development, Video, Business News

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

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Ryan Grim

STOCK Act: Insider Trading Bill To Receive Senate Vote Next Week [UPDATE]

HuffingtonPost.com | Ryan Grim | Posted 03.27.2012

Read More: Scott Brown, Elizabeth Warren, Video, Insider Trading, Congress, Senate Stock Act, Scott Brown Bank of America, Insider Trading Congress, Bank of America, Obama, Bofa, Scott Brown Stock Act, STOCK Act, Kirsten Gillibrand Stock Act, Politics News

WASHINGTON -- A Senate bill banning the trading of corporate stocks by members of Congress based on nonpublic political information will see a vote ne...

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Bank Of America Told Fed It Could Sell Branches In Emergency

Reuters | Posted 03.14.2012

Read More: JPMorgan Chase, Brian Moynihan, Merrill Lynch, Countrywide Financial, Wells Fargo, Bank of America Branch Cuts, Reuters, Bank of America Stock, Bank of America, Federal Reserve, Bofa, Bank of America Branches, Video, Business News

(Adds details on Fed plan from source, background) Jan 13 (Rick Rothacker, Reuters) - Bank of America Corp told Federal Reserve off...

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BofA's Appalling Foreclosure Battle With Paralyzed Man

The Huffington Post | Harry Bradford | Posted 01.12.2012

Read More: Video, Foreclosure Crisis, Washington Mutual, Countrywide Financial, Mortgage Crisis, Bank of America, The Oregonian, Federal Reserve, Foreclosure, Bofa, Realtytrac, Business News

A quadriplegic man in Oregon has been battling banks to keep his home since 2003. And just when he thought the fight was finally over, Bank of America...

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Bank Of America Plaza Threatened WIth Foreclosure

The Huffington Post | Harry Bradford | Posted 01.10.2012

Read More: Bentleyforbes, Foreclosure Crisis, Video, Bank of America Plaze, Mortgage Modification, Countrywide Financial, Bank of America, Mortgage Crisis, Hurricane Ike, LNR Partners, Mortgage Payment, Bofa, Investorplace, Business News

In an ironic twist, a building bearing the name of a bank closely associated with the foreclosure crisis may soon be facing foreclosure itself. Ba...

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Washington and Banks Don't Understand Small Businesses Are the Engine of Economic Growth in America

Lloyd Chapman | Posted 03.05.2012

Read More: LA Times, Lloyd Chapman, Inspector General, Banks Small Business Lending, Federal Contracting Fraud, Fraud, Banks, Troubled Asset Relief Program, Contract, Obama, Congress, Small Business Lending, Bank of America, Small Business Administration, Unemployment, Bailout, American Small Business League, Bofa, Tarp, Economy, Small Business, Small Business America, Small Business News
Lloyd Chapman

Let me give you some advice I have been giving to people for a decade: quit listening to what your politicians are saying and start watching what they are doing. If you look past the propaganda you'll see that the U.S. government is anti-small business.

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