Menu
0 Comments

DOJ demands more in BofA, Countrywide deal

3 Reasons Bitcoin Is Fundamentally Flawed as an Investment – 13 days ago · 3 Reasons Bitcoin Is Fundamentally Flawed as an Investment. and there’s a really good bet that most of them have little or no clue what blockchain is.. Bitcoin is fundamentally flawed as an.Young couple charged with fraud in filing deed for $1.1 million house A couple is facing fraud charges after they declared a North Fork vacation house as their primary residence in order to obtain nearly $80,000 in superstorm sandy relief funds, officials said.NEW YORK (CNNMoney) — Mortgage rates sunk to record lows again this week. The average rate on the 30-year fixed mortgage fell to 3.94%, matching the all-time low hit in early October, according to Freddie Mac’s weekly mortgage rate survey. Meanwhile, 15-year fixed-rate loans hit a new record low of 3.21%, surpassing the record set on October 6.A majority are optimistic that both occupancies and rents will continue to increase over the next 12 months. In all, 65 percent expect an increase in occupancy rates, while 76 percent anticipate.CFPB lays pathway to compliance for lenders, servicers Final Student Banking Rule Draws Fire, Praise – "The Department of Education trying to regulate in the finance services space is going to add compliance costs. at the Center for American Progress and former CFPB official who noted that the rules.Notice: you are using an outdated browser.Microsoft does not recommend using IE as your default browser.Some features on this website, like video and images, might not work properly.

All together, Bank of America has faced $91.2 billion in legal fines and settlements since the beginning of the financial crisis. Bank of America covers part of former Countrywide CEO Angelo Mozilo’s $67.5 million civil fraud settlement with the Securities and Exchange Commission.

Attorney General Eric Holder and Associate Attorney General Tony West announced today that the Department of Justice has reached a .65 billion settlement with Bank of America Corporation – the largest civil settlement with a single entity in American history – to resolve federal and state claims against Bank of America and its former and current subsidiaries, including Countrywide Financial Corporation and Merrill Lynch.

ABA announces Real Estate Lending conference in Baltimore The ABA Commercial Real Estate Lending Committee is an open committee for all ABA members. The committee focuses on issues affecting commercial and multifamily residential mortgages, including appraisals, accounting requirements, insurance needs, regulatory reform and industry best practices.

sitemap
^