Category Archives: Bank of America

BofA Settles with Fannie & Freddie, but Troubles Remain

Bank of America continues to dominate the headlines, this time due to a $2.8 billion settlement with Fannie Mae and Freddie Mac.  According to Reuters, the mortgage finance companies had claimed that BofA sold them bad home loans.  Well, duh! The article goes on to quote Alan Villalon, senior bank analyst at Nuveen Investments (Chicago): […]

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Wikileaks to Target Bank of America?

(This article was updated on Jan. 31, 2011) Well, it’s the new year, and we’ve already got another story of a major bank being caught with its pants down…potentially.  According to Reuters, Wikileaks founder Julian Assange previously said he had intended to “take down” a major U.S. bank and reveal an “ecosystem of corruption” from […]

Also posted in Short Sale Info for Buyers, Short Sale Info for Realtors, Short Sale Info for Sellers, Strange but True | Comments closed