Bank of America

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Bank of America throws homeowners new lifeline

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.
Posted In: Housing, Bank of America, foreclosure, underwater mortgage

Federal Reserve releases banks' stress test results

Mar 13, 2012
Turns out American banks are in a much better position financially than we thought.
Posted In: Banks, Federal Reserve, stress tests, Citigroup, JPMorgan, Wells Fargo, Bank of America, Goldman, Morgan Stanley

Bank of America to test new fees

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.
Posted In: bank, Bank of America, fees

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.
Posted In: Bank of America, Small Business, loans

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.
Posted In: Small Business, Bank of America

2011 market roundup: McD’s up, B of A down

Jan 2, 2012
The Dow’s best- and worst-performing stocks of 2011.
Posted In: McDonald's, Bank of America, stock market

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?
Posted In: Countrywide, Bank of America, subprime, discrimination

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.
Posted In: Bank of America, Countrywide, lawsuits, subprime

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.
Posted In: Bank of America, Countrywide, legal, subprime

Bank of America stock tumbles below $5 a share

Dec 20, 2011
Bank of America's troubles continue, as their stock prices fall below $5, the lowest level since March 2009
Posted In: Banks, Bank of America

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