Homeowners Frustrated With Bank Of American Loan Modifications
President Obama initiated the Home Affordable Modification Program with guidelines that went into effect on March 4, 2009 to help American homeowners remain in their homes. As a result of the recession...
View ArticleBank of America Hijacks Parrot, Forecloses Wrong House
Bank of America (NYSE: BAC) has a lot of explaining to do. According to a Pittsburgh, Pennsylvania woman, the bank took not only her home but also hung on to her parrot even after proof was offered...
View ArticleDebit Card Overdrafts Thing of the Past at Bank of America
Bank of America ((NYSE: BAC) has brought to an end the overdraft fees associated with debit card purchases. This decision can end up costing the bank tens of millions in revenue each year but it would...
View ArticleBank Of America Blames Title Insurer For Losses (NYSE: BAC, FAF)
Bank of America, the largest mortgage lender in the United States, has recently filed a suit against First American Corp, the second largest title insurer in the country. This comes on the heels of...
View ArticleBank of America (NYSE: BAC) On the Fast-Track for Growth
Bank of America (NYSE: BAC) is focusing on its better business strategies moving forward after getting back on track after big mistakes in the recent path. The CEO of Bank of America, Brian Moynihan,...
View ArticleBank of America (NYSE: BAC) Forgives Home Mortgage Debt
Bank of America (NYSE: BAC) is making mortgage exceptions for around 45,000 homeowners in an effort to avoid foreclosures. If all homeowners offered the forgiveness and each made their reduced monthly...
View ArticleCitigroup (NYSE: C), Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC) and...
The Obama Administration has announced a plan last Friday that will finally begin reducing the amount troubled borrowers owe on their home mortgage loans. This plan will allow people who are underwater...
View ArticleBank of America (NYSE: BAC) Using Cisco (NASDAQ: CSCO) TelePresence Systems...
Bank of America (NYSE: BAC) has just announced it’s agreement with Cisco (NASDAQ: CSCO) to install 200 units of Cisco TelePresence systems across the bank’s global operations by the end of the year....
View ArticleNo Taxes for Bank of America ((NYSE: BAC) and Wells Fargo (NYSE:WFC)
Unlike most American’s and American businesses, it is expected that neither Bank of American (NYSE: BAC) or Wells Fargo (NYSE: WFC) will have to pay up to Uncle Sam for last year’s federal income...
View ArticleBank of America (NYSE: BAC) and Merill Lynch Accused of Discriminating...
On Tuesday, three female financial advisers from Bank of America (NYSE: BAC) and Merill Lynch accused the companies of discriminating against women in a lawsuit. Two of the women are former employees...
View ArticleATM Skimmers Caught on Security Cameras at Daytona Beach Bank of America...
Security cameras at the Bank of America (NYSE: BAC) branch in Daytona Beach, Florida, caught two suspects installing a skimming device that steals ATM card and pin information. After installation, the...
View ArticleBank of America Provides Voice Enabled ATM’s(NYSE: BAC)
Many people take for granted the gift of sight. Unless you are visually impaired, it probably never crosses your mind how those who are visually impaired manage simple day-to-day tasks. One of these...
View ArticleEmployee of Bank of America (NYSE: BAC) Charged With ATM Crime
With the increase in threats against ATMs around the country, more people are being victimized by thieves who are able to capture their card information and make withdrawals on accounts fraudulently....
View ArticleBank of America (NYSE: BAC) Reports $3.2 Billion Profit for the First Quarter
In January of last year, Bank of America (NYSE: BAC) purchased Merrill Lynch. The purchase proved to be beneficial with Bank of America reporting a $3.2 billion net income in the first quarter of 2010...
View ArticleBank of America (NYSE: BAC) To Propose Mortgage Help?
Bank of America (NYSE: BAC) is considering a program directed at the unemployed mortgage holders who can no longer afford a home mortgage payment. For those who have lost their jobs and can not find...
View ArticleBank of America’s (NYSE: BAC) Lending and Investing Initiative Report Shows...
Bank of America(NYSE: BAC) has extended nearly $150 billion in credit for the first quarter of 2010, making them the largest lender of credit of any United States Bank. The Lending and Investigating...
View ArticleBank of America (NYSE: BAC) Balks at Medical Pot Backing
Bank of America (NYSE:BAC) and Wells Fargo (NYSE:WFC) have been continually denying their services to medical marijuana dispensaries in order to protect themselves from prosecution by the federal...
View ArticleBank Of America Announces Results of Community Lending Project (NYSE: BAC)
Bank of America is one of the largest financial institutions in the world. Over the past few years as the economy continued its downward slide, the company has been in the news for a variety of...
View Article10,000 Bank of America (NYSE: BAC) Borrowers Contacted About Mortgage...
Under a plan officially announced in March, Bank of America (NYSE: BAC) announced principal reduction would be the first step for helping their most troubled mortgage borrowers through the Home...
View ArticleBank of America (NYSE: BAC) To Repay Millions in Countrywide Overcharges
Bank of America (NYSE: BAC) is about to pay out about $108 million on behalf of Countrywide Financial according to an announcement by the FTC. The money is being issued as a refund to homeowners who...
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