Bank of America Corp news

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BofA $1 Billion Whistleblower Also Faced Fraud Claims
Nov. 9 (Bloomberg) -- The whistle-blower helping the U.S. government mount a $1 billion fraud lawsuit against Bank of America Corp. was himself accused of fraud by an investor in a financing company he co-founded, and now works at Fannie Mae, one of ...
BofA's Merrill loses bid to end FHFA mortgage lawsuit  Reuters
Obama's Housing Policy: Fix Is Crucial To President's Economic Legacy  Huffington Post
Will Legal Problems Bury Bank Of America?
The sequels of the mortgage implosion and the subsequent financial meltdown continue to plague Bank of America (NYSE:BAC). Bank of America is being sued by federal prosecutors in New York for having made abusive and fraudulent mortgage loans and ...
Bank of America Corp. (NYSE:BAC): The Real Crooks Are The Ones Who ...  Market Daily News
Bank of America Offers to Buy MBIA Bonds to Block Amendment
Nov. 13 (Bloomberg) -- Bank of America Corp. is seeking to buy the majority of $329 million of MBIA Inc. bonds to block the insurer's efforts to distance itself from a cash-strapped unit that sold products protecting the lender from losses on more than ...
You Fight With Bank Of America Over Bad Mortgages, Bank Of America Fights ...  DealBreaker
Bank of America sued over mortgage-backed securities
Bank of America Corp., the second- biggest U.S. bank by assets, was sued by CIFG Assurance North America Inc. for fraud and breach of contract over insurance policies tied to residential mortgage-backed securities.
BofA Client-Meeting Quota Said to Vex Investment Bankers
Nov. 14 (Bloomberg) -- Bank of America Corp. salespeople assigned to the world's biggest stock portfolio managers were given new orders by their boss in September: attend at least 30 meetings a month with clients, or else.
Bank of America Sued Over $261 Million in Mortgage Bonds
Nov. 14 (Bloomberg) -- Bank of America Corp., the second-biggest U.S. lender by assets, was sued by investors over $261.2 million worth of residential mortgage-backed securities.
BOA: Worst Company In America?
In a conference call with analysts, Chief Financial Officer Bruce Thompson said he expected the mortgage boom “to continue through the lion's share of 2013.
Bank of America continues layoffs in South Florida
Bank of America Corp. is planning to cut 16,000 jobs by year end as it speeds up a company-wide cost-cutting initiative amid declining revenue, the Wall Street Journal reported in September.
Royal Park Targets BofA Over $1.6B In MBS
Law360, New York (November 05, 2012, 6:15 PM ET) -- Belgium-based Royal Park Investments SA/NV has sued Bank of America Corp. over problems with $1.6 billion in mortgage-backed securities it holds, claiming the bank misled investors about the ...
Royal Park Sues Bank of America Over Mortgage Securities  Bloomberg
Bank of America's Preferred Stock, Series D Ex-Dividend Reminder
On 11/28/12, Bank of America Corp.'s 6.204% Non-Cumulative Preferred Stock, Series D (NYSE: BAC.PRD) will trade ex-dividend, for its quarterly dividend of $0.3877, payable on 12/14/12.