Former President Bill Clinton said Bank of America Corp.’s accord with mortgage-bond investors may give more “underwater” borrowers a chance to cut the amount owed on their home loans.
BusinessWeek.com — Finance
Former President Bill Clinton said that Bank of America Corp.’s accord with mortgage-bond investors may give more “underwater” borrowers a chance to cut the amount owed on their home loans.
BusinessWeek.com — Finance
Bank of America Corp., the biggest U.S. bank, agreed to pay $ 8.5 billion to resolve claims over soured mortgages after bondholders including BlackRock Inc. demanded refunds. The company rose as much as 6.7 percent in New York trading.
BusinessWeek.com — Finance
Bank of America Corp. may sell some of its $ 21 billion stake in China Construction Bank Corp. to bolster capital before new international standards take effect, said three people briefed on the plans.
BusinessWeek.com — Finance
Bank of America Corp. may sell some of its $ 21 billion stake in China Construction Bank Corp. to bolster capital before new international standards take effect, said three people briefed on the plans.
BusinessWeek.com — Finance
Bank of America Corp. may sell part of its $ 21 billion stake in China Construction Bank Corp. to bolster capital before new international standards take effect, said three people briefed on the plans.
BusinessWeek.com — Finance
Bank of America Corp., the largest U.S. lender, “significantly hindered” a federal review of its foreclosures on loans insured by the Federal Housing Administration, the U.S. said.
BusinessWeek.com — Finance
Bank of America Corp., the largest U.S. lender, may face a further $ 27 billion of housing-related losses between now and 2013 amid increasing regulation as the economic recovery slows, analysts at Sanford C. Bernstein said.
BusinessWeek.com — Finance
Feed
