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27 Jul 2016, 12:47 pm by Daily Record Staff
Rob DeClement, a consumer sales region executive and senior vice president of Bank of America, has joined the board of directors with Junior Achievement of Central Maryland Inc., a nonprofit organization dedicated to educating young people to succeed in a rapidly changing economy. [read post]
12 Apr 2007, 2:26 pm
Florida patent holder and intellectual property company, Every Penny Counts, Inc., has sued Bank of America for patent infringement in the United States District Court for the Middle District of Florida. [read post]
8 Aug 2011, 12:06 pm by Bankruptcy Prof
August 08, 2011 1:14 PM EDT NEW YORK (AP) — American International Group Inc. said Monday it sued Bank of America Corp. for more than $10 billion, saying the bank cheated it by selling residential mortgage-backed securities that were overvalued.... [read post]
WASHINGTON – Potential flaws in foreclosure documents are threatening to throw the real estate industry into a full-blown crisis, as Bank of America on Friday became the first bank to stop sales of foreclosed homes in all 50 states.The move, along with another decision on foreclosures by PNC Financial Services Inc., adds to growing concerns that mortgage lenders have been evicting homeowners [read post]
3 Aug 2009, 1:23 pm
On August 3, 2009, the Securities and Exchange Commission ("SEC") announced that it was entering into a Consent Judgement with Bank of America Corporation ("BoA" or the "Company") in connection with the Company's issuance of a joint proxy statement filed with the SEC as to BoA's acquisition on Merrill Lynch & Co., Inc. [read post]
7 Jun 2010, 10:45 am
[JURIST] Bank of America (BOA) [official website] subsidiary Countrywide Home Loans, Inc. on Monday reached a $108 million settlement agreement [text, PDF] with the Federal Trade Commission (FTC) [official website] to resolve charges that the subsidiary collected excessive fees from homeowners facing foreclosure. [read post]
22 Jun 2011, 1:56 pm by hjabbar
Bank of America, N.A., contains some interesting insights into the way Bank of America assigned notes and retained servicing rights. [read post]
13 Oct 2010, 10:01 am
MSNBC reported that Bank of America is the first bank to halt foreclosures nationwide, although PNC Financial Services Group Inc. and GMAC announced moratoriums that included Florida and many other states. [read post]
2 Dec 2011, 10:44 am
Massachusetts Attorney General Martha Coakley filed a lawsuit on December 1, 2011 against JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc., Wells Fargo & Co., and Ally Financial Inc., in state court in Boston. [read post]
27 Dec 2011, 2:42 pm by The LBN Team
Annuity News Now Harrington Investments, Inc., (HII) a socially responsible investment advisory firm has filed shareholder resolutions calling on Citigroup, Bank of America, and JP Morgan Chase to stop indemnifying directors against civil and criminal liabilities. [read post]
18 Oct 2010, 6:53 am by Texas RioGrande Legal Aid
Bank of America, the lending giant that holds approximately one out of every five mortgages in the nation, issued a statement on Oct. 8 that it is halting foreclosure procedures nationwide until it can review the sufficiency of court documents. [read post]
19 May 2017, 7:27 am by Daily Record Staff
(collectively “Saxon”), and Deutsche Bank Trust Company Americas (“Deutsche Bank”), appellees. [read post]
19 Aug 2015, 11:56 am by Daily Record Staff
Sandy Spring Bancorp, Inc., the holding company for Olney-based Sandy Spring Bank, was recognized by Forbes as one of the 50 Most Trustworthy Financial Companies in America. [read post]