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  2. Ascensus - Wikipedia

    en.wikipedia.org/wiki/Ascensus

    Ascensus, LLC. is an American financial services company that provides financial recordkeeping, tax-advantaged savings and retirement plan services. As of 2024, the company reports that it manages more than 14 million accounts and oversees more than $808 billion in assets under administration.

  3. First Franklin Financial Corp. - Wikipedia

    en.wikipedia.org/wiki/First_Franklin_Financial_Corp.

    First Franklin was founded in 1981 in San Jose, California, US, to serve the prime credit market, but in 1994 it switched to serve the nonprime lending market.(One of the co-founders of the company was Bill Dallas, who served as its chairman, CEO and chairman emeritus until 2003, and who subsequently bought OwnIt Mortgage Solutions, which was 20% owned by Merrill Lynch.

  4. BofA's Merrill to Pay $132 Million in SEC Mortgage Case - AOL

    www.aol.com/2013/12/13/bank-of-america-merrill...

    Alamy By Jonathan Stempel Bank of America (BAC) has agreed to pay $131.8 million to settle U.S. Securities and Exchange Commission charges that its Merrill Lynch unit misled investors about ...

  5. List of banks acquired or bankrupted during the Great Recession

    en.wikipedia.org/wiki/List_of_banks_acquired_or...

    This is a list of notable financial institutions worldwide that were severely affected by the Great Recession centered in 2007–2009. The list includes banks (including savings and loan associations, commercial banks and investment banks), building societies and insurance companies that were:

  6. Mortgage bankers: Who they are and what they do in home ... - AOL

    www.aol.com/finance/mortgage-bankers-home...

    A mortgage banker’s services might include: Originating loans: Mortgage bankers have a variety of loans to offer, but some can specialize in particular types of loans, such as jumbo loans , VA ...

  7. Unhappy customer: Why I finally took my business from ... - AOL

    www.aol.com/finance/unhappy-customer-why-finally...

    However, Ascensus would charge me fees of at least $40 a year, and possibly more. I’ve paid no annual fees to Vanguard for my Individual K account, which I opened in 2016 and fund primarily with ...

  8. Government intervention during the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_intervention...

    The two GSEs guaranteed or held mortgage-backed securities (MBS), mortgages, and other debt with a notional value of more than $5 trillion. [8] Merrill Lynch was acquired by Bank of America in September 2008 for $50 billion. [9]

  9. Merrill Lynch & Co. - Wikipedia

    en.wikipedia.org/wiki/Merrill_Lynch_&_Co.

    Later that day, Merrill Lynch was sold to Bank of America for 0.8595 share of Bank of America common stock for each Merrill Lynch common share, or about $50 billion or $29 per share. [ 50 ] [ 51 ] This price represented a 70.1% premium over the September 12 closing price or a 38% premium over Merrill's book value of $21 a share, [ 52 ] but also ...

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