Piggybankblog Donation Page

. . . . . Your Donations Make A Big Difference At Piggybankblog.com   . Please be advised starting on September 1st, 2014 Piggybankblog requires at least a $5 donation for the month to view “certain pages” such as “John’s Daily Blog”.  The Piggybankblogger making a donation will receive a password giving full access for […]

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Government opposes Bank of America bid to throw out ‘Hustle’ verdict

. . .     Government opposes Bank of America bid to throw out ‘Hustle’ verdict   Piggybankblog posted on 09/19/14 charlotteobserver.com article   The U.S. government is opposing Bank of America’s request that a federal judge throw out a jury verdict that found it liable for fraud over mortgages sold to mortgage giants Fannie […]

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Banks Seek Exit from Robo-Signing Enforcement Order

. . .   Banks Seek Exit from Robo-Signing Enforcement Order   Piggybankblog  posted on 09/19/14 americanbanker.com story   The nation’s largest mortgage servicers are desperate to put the robo-signing scandal behind them. At least two of the servicers say they are close to being released from consent orders dating back to 2011, when the […]

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Wells Fargo sues Bricktown bar owner over use of name

. . .   Wells Fargo sues Bricktown bar owner over use of name     Piggybankblog posted on 09/19/14 newsok.com story   The financial services giant Wells Fargo is suing the Oklahoma City bar Whiskey Chicks to have the banking company’s name removed from the historic building that houses the Bricktown bar. Wells Fargo […]

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Why Bank of America, JPMorgan, Wells Fargo Are Finally Waking Up

. . .     Why Bank of America, JPMorgan, Wells Fargo Are Finally Waking Up   Piggybankblog posted on 09/19/14 TheStreet Article   NEW YORK (TheStreet) — Citigroup  (C_) , Bank of America  (BAC_) and JPMorgan Chase  (JPM_) are finally showing signs of life. The three largest U.S. banks have lagged the S&P 500  since […]

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Senior rainmaker’s exit causes stir at Bank of America

. . .     Senior rainmaker’s exit causes stir at Bank of America   Piggybankblog posted on 09/19/14 CNBC.com article   Fares Noujaim, an executive vice chairman at Bank of America and investment banker who represented corporations like Pfizer, GM, and Verizon, has left abruptly, sparking questions about his relationship with the bank, according […]

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Glitches, complaints plague Ocwen, other mortgage servicers

. . .     Glitches, complaints plague Ocwen, other mortgage servicers   Piggybankblog posted on 09/19/14 latimes.com article Tyesha Hansborough and her husband, Christley Paton, had paid the property insurance on their Inglewood home along with their mortgage, putting the money in escrow like most homeowners. Trouble is, the couple said, their mortgage servicer […]

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With Feds Trolling, Herring Catches Big Banks Red Handed

. . .       With Feds Trolling, Herring Catches Big Banks Red Handed   Piggybankblog posted on 09/18/14 corporatecrimereporter article   Virginia Attorney General Mark Herring is sick of hearing that big Wall Street banks have gotten away with it. Especially, when the evidence of wrongdoing is so pervasive. So, this week, Herring […]

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Why Bank of America (BAC) Stock Is Up Today

. . .   Why Bank of America (BAC) Stock Is Up Today   Piggybankblog posted on 09/18/14 TheStreet Article   NEW YORK (TheStreet) — Shares of Bank of America  (BAC_) rose 1.76% to $17.07 in afternoon trading Thursday after The Wall Street Journal reported the bank would offer mortgages at discounted interest rates as it tries to assist […]

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Community Banking Research Conference to be Webcast Live Sept. 23-24

. . .     Community Banking Research Conference to be Webcast Live Sept. 23-24   Piggybankblog posted on 09/18/14 insurancenewsnet.com article   Reserve Bank of St. Louis issued the following news release: Bankers, academics, regulators and policymakers will gather in St. Louis next week to discuss the latest in community banking research, as well […]

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UNO study tracks the decline of community banking

. . .     UNO study tracks the decline of community banking   Piggybankblog posted on 09/18/14 nola.com article   The number of community banks in the U.S. has plummeted 50 percent in the last 20 years, a rate much higher than non-community banks, according to a new study by researchers at University of New Orleans. […]

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