Topic: Bank of America Corporation
BofA mortgage modifications jump in March
Reuters US Online Report Business News
CHARLOTTE, North Carolina (Reuters) - Bank of America Corp <BAC.N> completed 20,666 mortgage modifications in March under a U.S. government-backed program, up 61 percent from February, the bank said on Friday. The government's Home Affordable Modification Program provides incentives for banks to modify mortgages if ...
Texas Capital Bancshares warrants bring $6.56M
AP News
Treasury receives $6.56 million from sale of Texas Capital Bancshares warrantsThe Treasury Department has received $6.56 million from the sale of warrants it held from Texas Capital Bancshares Inc. as part of the support it provided the bank during the financial crisis. The Treasury said Friday that it ...
Bank of America Forecloses on Wrong House, Abducts Macaw
consumeraffairs.com
Homeowner jumps through hoops to get bird backThe housing crisis has gotten so bad, even solvent homeowners are feeling the effects. Despite the economy’s recent modest strides, over 13% of homeowners are currently behind on their mortgages. And as more and more consumers default, confused banks occasionally find themselves ...
BofA retirement business winning clients: CEO
Reuters US Online Report Business News
CHARLOTTE, North Carolina (Reuters) - Bank of America Corp's <BAC.N> push into the competitive realm of managing retirement assets is paying early dividends. The bank's retirement business is winning more 401(k) plan business from its large corporate clients in a major initiative, Chief Executive Brian ...
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