Search for: "BANK OF AMERICA HOME LOAN"
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1 Oct 2008, 12:15 pm
The bank defendants are local and parent companies of Citigroup, Bank of America ("BoA"), Banca Nazionale del Lavoro ("BNL") and Credit Suisse First Boston ("CSFB"). [read post]
1 Oct 2008, 8:44 am
The sovereignty of the United States of America is far from guaranteed, and is at risk. [read post]
29 Sep 2008, 1:39 pm
The basic argument for the bailout is that the banks are filled with so much bad debt that the banks can't trust each other to repay loans. [read post]
29 Sep 2008, 8:43 am
The managing director of the Economic Cycle Research Institute predicts that banks will not use the bailout money to make loans because they will prefer to improve their balance sheets. [read post]
26 Sep 2008, 11:54 am
The FDIC was brought into existence during the Great Depression in 1933 in a climate similar to the one we now face.[3] During the 1920s and 1930s, thousands of banks failed, leaving many depositors without recourse.[4] The FDIC was created to restore consumer confidence in the banking system, and since its inception it has not lost a single penny of insured deposits.[5] The FDIC is responsible for directly examining and supervising about 5,… [read post]
25 Sep 2008, 9:56 pm
If you have bad credit, why do you deserve to be loaned money? [read post]
25 Sep 2008, 6:32 pm
This is in addition to $5.1 billion for Low-Income Home Energy Assistance and $250 million for weatherization provided in the underlying amendment. [read post]
25 Sep 2008, 5:22 pm
The former has already folded into Bank of America, while the latter is on life support. [read post]
25 Sep 2008, 1:04 pm
This is a sink-or-swim moment for America. [read post]
25 Sep 2008, 6:26 am
The value of your home could plummet. [read post]
22 Sep 2008, 1:20 pm
"Even people with good credit histories are having a very hard time getting loans at terms that make sense. [read post]
19 Sep 2008, 6:41 pm
I’m glad that our government is moving so quickly in addressing the crisis that threatens some of our biggest banks and corporations. [read post]
19 Sep 2008, 7:11 am
In her testimony, Coakley detailed how major lenders including Bank of America, Citigroup and Wells Fargo reneged on an agreement to form a loan modification system for Massachusetts homeowners. [read post]
19 Sep 2008, 3:09 am
Bank of America loss mitigation head Michael Gross was the only servicer that noted that the company â€â [read post]
18 Sep 2008, 11:00 am
FACT: Merrill Lynch, which had been a top issuer of subprime investment vehicles, abruptly sold itself to Bank of America after suffering $45 billion in write-downs, more than double its profit for two years. [read post]
17 Sep 2008, 4:37 pm
(I recently read that the merged Bank of America/Merrill Lynch will control customers' assets of 2.5 trillion dollars.) [read post]
16 Sep 2008, 5:37 pm
Three of America's five largest investment banks failed or have been sold off in distress. [read post]
15 Sep 2008, 3:15 pm
The most important point in the article is that the new housing recovery law will likely only benefit the most irresponsible of the impacted homeowners -- this because of the abililty of the lenders to pick and choose which loans they will cash out at 90% of the home's current appraised value. [read post]
13 Sep 2008, 10:24 pm
Moreover, data showed that loans originated by competitors like First Franklin and American Home were performing three times worse than J.P. [read post]
23 Aug 2008, 12:31 am
The latest figures show that banks are giving up on 5.47% of the credit card amounts owed to them. [read post]
