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Bank of America Home Loans is the mortgage unit of Bank of America. It previously existed as an independent company called Countrywide Financial from 1969 to 2008. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion. In 2006, Countrywide financed 20% of all mortgages in the United States, at a value of about 3. ...
Bank of America said it is now offering first-time homebuyers in a select group of cities zero down payment, zero closing cost mortgages to help grow homeownership among Black and Hispanic/Latino ...
Another lawsuit filed against Bank of America, pertained to $57.5 billion in mortgage-backed securities Bank of America sold to Fannie Mae and Freddie Mac. [139] That December, Bank of America agreed to pay $335 million to settle a federal government claim that Countrywide Financial had discriminated against Hispanic and African-American ...
Bank of America says it will spend more than $10 billion to settle mortgage claims resulting from the housing meltdown. Under the deal announced Monday, the bank will pay $3.6 billion to Fannie ...
She was president of Bank of America Home Loans, a leading U.S. mortgage originator and servicer. She was a member of the senior management team of Bank of America Corporation, having previously reporting to CEO Brian Moynihan. Desoer led a business accounting for about 20 percent of the U.S. mortgage origination market, with a $2 trillion ...
Photo: Bank of America. The Office of the Special Inspector General for the Troubled Asset Relief Program submitted its quarterly report to congress a few days ago, a hefty tome of more than 530 ...
Pages in category "Mortgage lenders of the United States" The following 61 pages are in this category, out of 61 total. This list may not reflect recent changes .
Justin Sullivan/Getty Images By Aruna Viswanatha A federal judge ruled Wednesday that the U.S. can pursue parts of a civil lawsuit against Bank of America for its sale of toxic mortgages to Fannie ...