Redwood Conquering Jumbos Targets Loans BofA Shuns: Mortgages
Redwood Conquering Jumbos Targets Loans BofA Shuns: Mortgages Redwood would join firms such as PennyMac Mortgage Investment Trust, a rival REIT run by former Countrywide Financial Corp. executives,...
View ArticleBofA settles with Fannie Mae for $10 billion
BofA settles with Fannie Mae for billion Bank of America (BAC) will also repurchase $ 6.75 billion worth of residential mortgage loans it and its Countrywide Financial unit sold to Fannie Mae, about...
View ArticleBofA Must Face Mortgage Repurchase Suit by US Bancorp
BofA Must Face Mortgage Repurchase Suit by US Bancorp U.S. Bank, the trustee for HarborView Mortgage Loan Trust 2005-10, sued Bank of America and its Countrywide Financial unit in 2011, claiming loans...
View ArticleMortgage spike hits refis, not home sales: BofA CEO
Mortgage spike hits refis, not home sales: BofA CEO Bank of America CEO Brian Moynihan told CNBC that higher mortgage rates have hurt the lender's home refinancing business but not actual homebuying....
View ArticleFormer BofA mortgage head Desoer joins Citigroup
Former BofA mortgage head Desoer joins Citigroup Barbara Desoer, former head of the mortgage business at Bank of America Corp , has agreed to join Citigroup Inc as an executive in its banking...
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Bank Vs America: Activists protest BofA in Charlotte
Bank Vs America: Activists protest BofA in Charlotte Image by Rainforest Action Network As Bank of America’s executives, board, and shareholders gathered at the bank’s shareholder meeting in Charlotte,...
View ArticleUS seeks $864M from BofA over Countrywide loans
US seeks 4M from BofA over Countrywide loans Then, if you enjoy our site and want full access, we'll ask you to purchase an affordable subscription. …. Bank of America spokesman Lawrence Grayson said...
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