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BofA reports first quarterly loss since 2011 on lofty legal bill
7:49am EDT. (Reuters) - Bank of America Corp reported an unexpected first-quarter loss on Wednesday after it took a $6 billion charge to cover litigation expenses, a figure that far exceeded the legal settlements the No.
BofA Slides After Posting Loss Tied to Mortgage Accords  Bloomberg
Is Our Bank Of America Stock Price Headed Back To Single Digits?  Seeking Alpha
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Bank of America's mortgage crisis costs become a recurring problem
(Reuters) - Bank of America Corp's (BAC.N) mortgage pain is lasting longer than expected, leading some investors to wonder if the massive expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time ...
Bank of America in Settlement Talks Over Mortgage Securities
WASHINGTON�Bank of America Corp. is engaged in multibillion-dollar settlement talks with the Justice Department to end investigations into shoddy residential mortgage backed securities, according to people familiar with the matter.
BofA's stock swing following results explained: Pro
The latest earnings report from Bank of America is the new definition of the word "noisy." That's how one leading analyst described the numbers, which seemed open to wide interpretation because of billions of dollars in litigation charges.
BofA Paying $772M Over Selling Credit Card Extras
Bank of America Corp. is paying $772 million in fines and refunds to settle regulators' accusations that it misled customers who bought extra credit-card products and illegally charged others for credit monitoring and reporting services they didn't ...
BofA agrees to $783 million settlement in consumer credit card dispute  Charlotte Observer
Bank of America to pay $772 million for illegal credit card practices  Los Angeles Times
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BofA Reaches $950 Million Deal on FGIC-Backed Bonds
Bank of America Corp. is paying $950 million to settle claims that its Countrywide unit pooled faulty mortgages into securities that helped hobble Financial Guaranty Insurance Co.
BofA reaches $950M deal on mortgage bonds  Crain's New York Business
FGIC Announces Settlement with Bank of America  MarketWatch
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Bank Of America's Mortgage Problems Put Into Perspective
Bank Of America is struggling with mortgage production revenue and has been for some time, as have all the big banks. This revenue was a mere 1.2% of total revenue in the first quarter, making it immaterial in my view.
Bank of America shares drop on Q1 loss
Bank of America swung to a $276 million first-quarter loss Wednesday as revenue declined while the bank continued to grapple with legal costs stemming from the financial crisis.
Bank Of America: More Likely To Hit $25 Than $10
After Citigroup (C) presented solid Q1 2014 earnings and surprised analysts with an earnings beat on April 14, 2014, Bank of America (BAC) released quarterly results Wednesday. High litigation costs unsettled investors, and shares of Bank of America ...
Thursday's Analyst Moves: Alcoa Inc, Bank of America Corp, SanDisk ...
Bank of America (BAC ) was upgraded to �Outperform� from �Perform� at Oppenheimer, as Oppenheimer believes BAC's future legal costs are manageable.
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