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US sues Bank of America over "Hustle" mortgage fraud
1 of 2. People walk next to a Bank of America's branch in New York October 24, 2012. The United States filed a fraud lawsuit against Bank of America Corp, accusing it of causing taxpayers more than $1 billion of losses by selling thousands of toxic ...
Bank of America Sued by US Over Mortgage Loan Sales  Businessweek
US hits Bank of America with fraud lawsuit
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US Sues Bank of America for $1 Billion in Bad Mortgages
Bank of America made these loans via subprime mortgage lenders Countrywide Financial Corporation and Countrywide Home Loans, Inc. that it acquired in 2008. �Through a program aptly named 'the Hustle,' Countrywide and Bank of America made ...
How Bank of America Could Fight a Government Lawsuit  New York Times (blog)
Fannie, Freddie and the False Claims Act  Wall Street Journal (blog)
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Bank Of America's Financial Performance
I estimated Bank of America's intrinsic value to be $10.29 using a present value dividend discount model. The model assumes the dividend isn't increased in the next year.
Cyber Criminals Take $400000 From Bank of America  ValueWalk
Bank of America ekes out a profit as crisis-era costs drag  Reuters
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Bank of America CEO on housing: 'The worst is over'
In an interview with Bloomberg TV, Bank of America Corp. CEO Brian Moynihan said the U.S. housing market is on the mend. �The worst is over,� he said, noting mortgages past due and the backlog of problem mortgages are beginning to subside.
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Bank Of America's Operating Segment Performance
In this research note, we'll take a look at Bank of America's (NYSE:BAC) operating segments. The performance of the operating ... Based on the revenue from the operating segments, Bank of America hasn't turned the corner following the financial crisis ...
Bank Of America's Earning Power Suppressed
I think this is causing a lot of reluctance in companies to hire employees simply because they don't know what kind of laws will be put in place and what will happen with America's corporate tax rate. Low interest rates put on by the Federal Reserve ...
Will Bank Of America Continue To Underperform In 2013?
The discounted earnings plus equity model, developed by EFS Investment partners and applied to Bank of America, suggests that the company is currently trading at a solid discount. EFS's fair stock price valuation indicates that the BAC's stock ...
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Bank of America Is Now The Best-Capitalized Bank: Goldman Sachs
Bank of America Corp (NYSE:BAC) reported GAAP EPS of $0.00, which we estimate as $0.25, excluding all non-core items. The biggest positive surprise was a 100bp increase in B3 T1C to 8.97%, making BAC the best-capitalized money center bank, ...
Reminder: Bank of America's 8.20% Non-Cumulative Preferred Stock, Series H ...
On 10/11/12, Bank of America Corp.'s 8.20% Non-Cumulative Preferred Stock, Series H (NYSE: BAC.PRH) will trade ex-dividend, for its quarterly dividend of $0.5125, payable on 11/1/12.
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Local banks capitalize on Bank of America's slide (BBJ DataCenter)
Bank of America Corp. lost market share in Massachusetts despite a near $2 billion increase in total deposits over the past year, as customers gravitated toward smaller competitors throughout the commonwealth, according to new data published by the ...
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