CHICAGO -- Illinois will receive $300 million of a national $16.65 billion settlement between the government and Bank of America over the bank's role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis. About $200 ... Miami Herald, 1 week ago
AG Hotline available for settlement mortgage help - Big News Network, 1 week ago
Illinois gets $300 million in feds' B of A deal - Crains ChicagoBusiness, 1 week ago
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BATON ROUGE, LA (WAFB) - Claim forms under the $2.1 billion Ocwen national mortgage foreclosure settlement have been sent to Louisiana borrowers affected by foreclosure between January 1, 2009Big News Network, 1 week ago
Bank of America's (BAC) $16.65 billion government settlement for selling toxic mortgage securities marks a new U.S. record, but the bank can cushion much of the financial blow with tax deductions, according to financial and consumer watchdogs. An ...USA Today, 1 week ago BOA settles US mortgage probe Asian Age, 1 week ago BofA's Government Settlement Biggest in US History [Mortgage Daily :: ] BusinessWeek, 1 week ago Steve Haber on Opinion Journal Policy Review, 1 week ago
Federal and state regulators have taken their pound of flesh from the nation's big banks, as the huge legal settlements with JPMorgan Chase, Citigroup and now Bank of America cut into earnings. But massive legal bills — with more than $128 ...Yahoo! Finance, 2 days ago Banks' Big Legal Tab Could Hamper Future Rescues Investor's Business Daily, 2 days ago
(Reuters) - Goldman Sachs Group Inc ( >>Goldman Sachs Group Inc ) has agreed to a settlement worth $1.2 billion (724.2 million pounds) to resolve a U.S. regulator's claims the bank sold Fannie Mae ( >>Federal National Mortgage Assctn Fnni Me ) and ...4 Traders, 1 week ago Goldman To Pay $1.2 Billion In Settlement With The FHFA Bidness Etc, 1 week ago Goldman to Buy Mortgage Debt for $3.15 Billion to Resolve Claims La Repubblica, 1 week ago Business digest: Goldman Sachs agrees to pay $3.15 billion Washington Post, 1 week ago
Bank of America Corp. (BAC: Quote) has reached a comprehensive settlement with the U.S. Department of Justice or DoJ, certain federal agencies and six states. The settlement includes releases on the securitization, origination, sale and other ...RTTNews.com, 1 week ago BofA reaches landmark settlement with Justice Department over faulty securities BankCreditNews.com, 5 days ago Bank of America Settles with U.S. Department of Justice and State Attorneys General Individual.com, 4 days ago Bank of America Reaches Comprehensive Settlement With U.S. Department of Justice and State Attorneys General to Resolve Mortgage-related Litigations and Investigations PredictWallStreet, 1 week ago
WASHINGTON — How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer: almost certainly not that much. In mega-settlements negotiated with the government, a dollar is rarely worth an actual dollar. ...Denver Post, 1 week ago Why Bank of America deal might not cost it $17B Sify, 1 week ago Justice Dept. announces $17B settlement with BofA Sify, 1 week ago BofA's $17B settlement not as large as it appears MSN Money Canada, 1 week ago
Aug. 22--Nearly 17,000 Floridians will receive more than $1 billion in relief as part of a record-setting national settlement with Bank of America Bank of America Corp. agreed to pay $16.65 billion to end federal, Florida and other state ...BusinessWeek, 1 week ago $17 Billion Bank of America Settlement to Strengthen Federal Housing Benzinga.com, 2 days ago Floridians to Receive More Than $1 Billion in Relief Under National Settlement with Bank of America Noodls, 1 week ago Obama Administration Applauds Bank of America Settlement DSNews.com, 1 week ago
we issued an updated research report on Bank of America Corporation ( BAC ). BofA has finally resolved all the actual and probable civil mortgage claims. The company announced a $16.65-billion settlement deal with the U.S. Department of Justice, a ...Yahoo! Finance, 4 days ago
Aug. 21 (Bloomberg) -- Bank of America Corp. must set aside $490 millions of today's $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt -- a step taken by the Justice Department to give homeowners relief that ...Washington Post, 1 week ago BofA Tax Set-Aside, Wylys Penalty, Fed Patience: Compliance Bloomberg, 5 days ago BofA Settlement Includes $490 mn of Tax Relief Accounting Today, 5 days ago Justice Settlement Forces BofA to Set Aside Borrower Tax Relief BusinessWeek, 1 week ago
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