Posts tagged with the keyword: ‘Bank’
Suit: Bank of America paid bonuses for foreclosures – NBCNews.com (blog) Philly.com Suit: Bank of America paid bonuses for foreclosuresNBCNews.com (blog)They describe systematic efforts to undermine the program by routinely denying loan modifications to qualified applicants, withholding reviews of completed applications, steering applicants to costlier "in-house" loans and paying bonuses to employees …Former Staffers: Bank [...]
June 17, 2013 | Posted in
Loan Modifications |
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Bank of America Paid Bonuses to Foreclose: Lawsuit – CNBC.com Philly.com Bank of America Paid Bonuses to Foreclose: LawsuitCNBC.comBank of America routinely denied qualified borrowers a chance to modify their loans to more affordable terms and paid cash bonuses to bank staffers for pushing homeowners into foreclosure, according to affidavits filed last week in a [...]
June 17, 2013 | Posted in
Loan Modifications |
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UK’s Co-op Bank agrees .4 billion ‘bail-in’ rescue plan By Matt Scuffham LONDON (Reuters) – Britain's Co-operative Group will force bondholders to help plug a 1.5 billion pound ($ 2.4 billion) capital hole, avoiding a repeat of unpopular taxpayer-funded bailouts made during the financial crisis. Using a "bail-in" rescue model, bondholders will have to swap [...]
June 17, 2013 | Posted in
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Former Staffers: Bank Of America Rewarded Us For Lying To Homeowners … – The Consumerist Business Insider Australia Former Staffers: Bank Of America Rewarded Us For Lying To Homeowners …The ConsumeristIn sworn statements provided for a lawsuit by homeowners against Bank of America, a half-dozen people who reviewed loan modification applications for BofA say the [...]
June 17, 2013 | Posted in
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Spain’s Rajoy calls on ECB to create bank lending scheme for smaller companies MADRID (Reuters) – Spanish Prime Minister Mariano Rajoy on Saturday called on the European Central Bank to create a cheap funding scheme for small businesses, mirroring those used by authorities outside the euro zone to try and get credit flowing via banks. [...]
June 15, 2013 | Posted in
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Former Bank of America workers allege it lied to home owners – Chicago Tribune (blog) Former Bank of America workers allege it lied to home ownersChicago Tribune (blog)(Reuters) – Six former Bank of America Corp employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status [...]
June 15, 2013 | Posted in
Loan Modifications |
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Pope taps trusted prelate to oversee Vatican bank VATICAN CITY (AP) — Pope Francis took his first major step in reforming the troubled Vatican bank on Saturday by tapping a trusted prelate to help oversee its management, in a sign he wants to know more about its activities.
June 15, 2013 | Posted in
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Bank awarded bonuses for foreclosures, lawsuit says – Boston Globe euronews Bank awarded bonuses for foreclosures, lawsuit saysBoston GlobeNorth Carolina-based Bank of America, which has spent more than $ 45 billion to settle claims tied to its 2008 takeover of Countrywide Financial Corp., is being sued by homeowners who did not receive permanent loan modifications [...]
June 15, 2013 | Posted in
Loan Modifications |
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Former Bank of America workers allege it lied to home owners By Michelle Conlin and Peter Rudegeair (Reuters) – Six former Bank of America Corp employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status of their mortgage payments and documents. The bank allegedly used [...]
June 14, 2013 | Posted in
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Former Bank of America workers allege it lied to home owners – Chicago Tribune Former Bank of America workers allege it lied to home ownersChicago Tribune(Reuters) – Six former Bank of America Corp employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status of their [...]
June 14, 2013 | Posted in
Loan Modifications |
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