B of A Profit Rises 43% on Cost Cuts, Bond Trading
Bank of America, the second-largest U.S. lender by assets, said fourth-quarter profit rose 43% as revenue from fixed-income trading increased and expenses dropped. ... Read full article
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Regulation hampers innovation: B of A's Moynihan
Simple innovations -- such as those that would bring the underbanked into the financial mainstream -- are often stymied by regulation, says Bank of America CEO Brian Moynihan. ... Read full article
Mortgage Settlement - Banks Get "Free Pass"
California Homeowner Bill Of Rights: Impact Practice Of Dual Tracking!
Florida Case Provides Textbook Example of How to Handle a Discharge Violation
A case involving an elderly woman and egregious violations of the discharge has generated a bit of buzz in the blogosphere. I first noticed it here on the Huffington Post. I decided to write about this case because I was frustrated with trying to verify ... Read full article
As the details
As the details of the Mortgage Settlement Agreement, the deal between 49 of 50 states and the U.S. on one side, and BanK of America, Wells Fargo, CitiBank, Ally Financial, and JP Morgan/Chase on the other, become analyzed, it a HUGE win for the Banks. The ... Read full article
Bigger & Fewer: "Banks" Rule
Legacy Assets - Not Much Of An Inheritence
The Wall Street Journal in its February 5-6, 2011 edition had an article by David Benoit, entitled "BofA Sets Mortgage Cleanup Unit". The article about Bank of America was in the middle of the "B" ... Read full article
Banks, Foreclosures, and Deceit
In his article, in the Tuesday November 15 th edition of the New York Times, about foreclosures, David Streitfield discloses t ... Read full article
Read the Order Dismissing the Involuntary Chapter 11 Petition Filed Against Bank of America, N.A.
The following order dismissing the involuntary chapter 11 petition against Bank of America, N.A. was entered by Bankruptcy Judge Michael Romero (Bankr. D. Colo.) shortly after 3 p.m. on Tuesday. For background on the involuntary filing and Bank of ... Read full article
34 Individuals File Pro Se Involuntary Chapter 11 Bankruptcy Petition Against Bank of America, N.A.; Bank of America Quickly Responds & Asks for Immediate Dismissal
On Friday at about 5:00 p.m. local time, 34 individuals (from the court filings, it appears not represented by counsel) filed an involuntary chapter 11 bankruptcy petition against Bank of America, N.A. (a banking subsidiary of Bank of America Corporation ... Read full article
Bigger & Fewer: "Banks" Rule
Banks, Foreclosures, and Deceit
In his article, in the Tuesday November 15 th edition of the New York Times, about foreclosures, David Streitfield discloses t ... Read full article
Legacy Assets - Not Much Of An Inheritence
The Wall Street Journal in its February 5-6, 2011 edition had an article by David Benoit, entitled "BofA Sets Mortgage Cleanup Unit". The article about Bank of America was in the middle of the "B" ... Read full article