Stories Tagged as
Bank of America
BofA launching program for at-risk homeowners
Mar 23, 2012
Bank of America is launching a pilot program where homeowners who are at risk of foreclosure would hand over the deed to their house and then rent it back from the bank.
Spencer Platt/Getty Images
Bank of America throws homeowners new lifeline
by
Bob Moon
Mar 23, 2012
Bank of America starts a foreclosure-prevention program that lets borrowers give up ownership of their home but stay on rent-paying tenants.
Federal Reserve releases banks' stress test results
by
Heidi Moore
Mar 13, 2012
Turns out American banks are in a much better position financially than we thought.
Bank of America to test new fees
by
Adriene Hill
Mar 1, 2012
The bank is reportedly currently testing different fee models -- including monthly charges of anywhere from $6 to $25. This comes after a pushback last year against a $5 monthly debit card fee.
B of A tightens credit to some small businesses
Jan 3, 2012
Other banks are also choosier about which businesses they lend to, and how much.
B of A cuts credit lines to some small businesses
Jan 3, 2012
While some banks are being encourage to lend more, pressure is also coming from regulators to crack down on riskier customers.
2011 market roundup: McD’s up, B of A down
Jan 2, 2012
The Dow’s best- and worst-performing stocks of 2011.
For public good, not for profit.
Bank of America, Countrywide settle discrimination case
Dec 22, 2011
BofA's costs mount as it settles a mortgage discrimination suit against subsidiary Countrywide Financial.
Countrywide discrimination settlement reached
Dec 22, 2011
Countrywide was accused of steering more than 200,000 black and Hispanic borrowers into risky subprime loans during the housing bubble. But is the practice really over now?
Mortgage settlement hikes the cost of Countrywide
Dec 22, 2011
Bank of America will pay $335 million to settle mortgage discrimination charges against Countrywide Financial.