Archive for: 01. BANK OF AMERICA

Homeowner With Alzheimer’s Defaults On Mortgage After Bank of America Froze Trust Account

. . . . Homeowner With Alzheimer’s Defaults On Mortgage After BofA Froze Trust   Written by John Wright August 28th, 2013 — Ryan Colcord of Brentwood, California found out the hard way that some of the most forgotten applicants of the federal government’s Home Affordable Modification Program — better known as HAMP – were actually […]

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Why Bank of America Investors Are Stressed Out

. . . . ..’ Why Bank of America Investors Are Stressed Out . Piggybankblog posted on 03/14/13 Cross Linked with fool.com . Bank of America (NYSE: BAC ) shares began the week trading at $12.05. About midway through the day they’re trading at $12.16, making for a barely noticeable uptick of 0.91%. Not what […]

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Bank of America Raises Forecast for Gain in Home Prices

. . . . ..’ Bank of America Raises Forecast for Gain in Home Prices . Piggybankblog posted on 03/08/13 Cross linked with bloomberg.com . U.S. home prices probably will rise 8 percent this year, up from a previous estimate of a 4.7 percent increase, according to Bank of America Corp. Low interest rates, a […]

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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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BofA's Moynihan gets 73 percent pay increase in 2012

. . . . . BofA’s Moynihan gets 73 percent pay increase in 2012 . Piggybankblog posted on 02/20/13 Cross linked with reuters.com   Feb 19 (Reuters) – Bank of America Corp Chief Executive Brian Moynihan’s pay increased 73 percent in 2012 from the previous year to $12.1 million, as the bank gave him a […]

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Ex-Countrywide shareholders: Public policy dictates we can sue Mozilo

. . . . .You can pause intro music below Ex-Countrywide shareholders: Public policy dictates we can sue Mozilo . Piggybankblog posted on 02/15/13 Cross linked with reuters.com In 2008, plaintiffs’ lawyers were so close to lassoing onetime Countrywide chairman Angelo Mozilo in a derivative suit that they could practically smell his aftershave. The housing […]

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The Single Biggest Threat to Bank of America Today

. . . . Pause intro music down below. The Single Biggest Threat to Bank of America Today . Piggybankblog posted on lvj.com Cross linked with fool.com This is the first in a series of five articles covering Bank of America’s legal problems since the financial crisis. Check back throughout the week as we publish […]

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Judge Rules Against Bank – Precedent Could Cost Bank of America Billions

. . . . Pause intro music down below. Judge Rules Against Bank – Precedent Could Cost Bank of America Billions . Piggybankblog posted on 02/12/13 Cross linked with truth-out.org Transcript – PAUL JAY, SENIOR EDITOR, TRNN: Welcome to The Real News Network. I’m Paul Jay. And welcome to this week’s edition of The Black […]

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