Archive for: B of A

Why Bank of America Will Pass the Stress Tests

. . . . .. Why Bank of America Will Pass the Stress Test . Piggybankblog posted on 03/06/13 Cross linked with fool.com The Federal Reserve will release tomorrow the results of its 2013 stress tests of the nation’s largest financial institutions. In an article published earlier today, Fool contributor John Maxfield explained why he believes […]

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Is Naughty Behavior Keeping Bank of America Down Today?

. . .   . Naughty Behavior Keeping Bank of America Down Today? . Piggybankblog posted on 02/25/13 Cross linked with fool.com t’s lunch time on this drab Monday, and it looks like both theDow and the S&P 500 (SNPINDEX: ^GSPC) are sleeping in, with both indices looking pretty peaked at the moment. In the […]

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3 Reasons Brian Moynihan Is Dead-Right for Bank of America

. . . . . 3 Reasons Brian Moynihan Is Dead-Right for Bank of America . Piggybankblog posted on 02/23/13 Cross linked with fool.com Over the last few weeks, news about executive compensation on Wall Street has started to leak out. In the middle of last month, the board of directors at JPMorgan Chase (NYSE: […]

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Bank of America is Back in Lending; Thoughts on Basel III and MSR's; Investors Like Residential Mortgages

. . . . Pause intro music down below. Bank of America is Back in Lending . Piggybankblog posted on 01/03/13 mortgagenwsdaily.com Fixed rate 30-yr. mortgages at 2.6%! Yippee!!! Oh…wait a minute…the New York Fed tells us why they aren’t there yet. CMG Financial is a multi-billion dollar lender that has experienced phenomenal growth and […]

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HUD announces agreement with Bank of America to settle LGBT discrimination claim

. . . . Pause intro music down below. HUD announces agreement with B of A to settle LGBT discrimination claim . Piggybankblog posted on 01/02/13 Cross linked with lgbtweekly.com WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced an agreement with Bank of America (BOA) to settle a claim that […]

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Danielson vs Bank of America / Superior Court of CA SD – servicer can held negligent for the damages caused by their negligent conduct in the loan mod process

. . . . Pause intro music down below. Servicer can be held negligant for the damages . Piggybankblog posted on 12/19/12 December 19th, 2012 Negligence against services that mishandled the loan modification process by losing documents — taking trail mod payments — and pushing them into foreclosure. 11.16.12 NTC of Ruling RE DEF’s DEM […]

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SEC has examined Bank of America mortgage repurchases

. . . . Pause intro music down below. SEC has examined Bank of America mortgage repurchases . Piggybankblog posted on 12/15/12 Cross linked with chicagotribune.com WASHINGTON/CHARLOTTE (Reuters) – Securities regulators have made inquiries into the mortgage repurchase practices at Bank of America Corp’s Countrywide unit, according to a transcript filed in a lawsuit against […]

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Bank of America lags in customer satisfaction, according to ACSI survey

. . . . Pause intro music down below. Bank of America lags in customer satisfaction, according to ACSI survey . Piggybankblog posted on 12/11/12 Picture posted by Piggybankblog Cross linked with boston.com Bank of America’s customer satisfaction level fell to its lowest in more than a decade, lagging other major US banks as well […]

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Bank of America is Becoming Inflexible on Flex Time

. . . . Pause intro music down below. Bank of America is Becoming Inflexible on Flex Time . Piggybankblog posted on 12/10/12 Cross linked with dailyfinance With Bank of America , cutbacks have become a part of its new normal, and CEO Brian Moynihan recently announced plans to lay off 16,000 workers by year’s […]

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Obama's $26 Billion Foreclosure Fraud Fix Was Just A Settlement For Big Banks

. . . . . Pause intro music down below. Obama’s $26 Billion Foreclosure Fraud Fix Was Just A Settlement For Big Banks . November 22nd, 2012 buisnessinsider.com On November 19th, the core of the Obama “Justice” Department’s “49 State Settlement,” of the millions of fraud claims by the suing mortgagees against the mega-banks who […]

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