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Have Big Banks Fully Recovered From The Financial Crisis?
Tuesday, March 10, 2015 - 11:44am | 675Read More...The current bull market turned six years old on Monday, and it seems appropriate to take a look back and see how far stocks have come since the S&P 500 hit a Financial Crisis low of 676.53 on March 9, 2009. The S&P itself has more than tripled in value, up about 207 percent in those six...
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Bank of America's $8 Billion Mortgage Settlement to Go Before Judge After Two Years Wait
Monday, June 3, 2013 - 8:34am | 610Read More...After two years, Bank of America's (NYSE: BAC) $8 billion mortgage settlement, related to securities it acquired in its purchase of Countrywide Financial, will be reviewed by a New York judge. The settlement is part of the company's strategy to resolve outstanding liabilities from its infamous...
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Bank Stocks Surge on $8.5 Billion Bank of America Settlement, Greek Vote (BAC, BLK, JPM, C, WFC, KBE)
Wednesday, June 29, 2011 - 10:46am | 614Read More...Banking stocks are climbing higher early during the Wednesday trading session, after Bank of America Corporation (NYSE: BAC) announced an $8.5 billion settlement with investors who had purchased mortgage backed securities originated by Bank of America Corporation's Countrywide Financial business...
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Countrywide Financial Mailing Settlement Checks (BAC)
Monday, February 15, 2010 - 9:22pm | 98Read More...Former Countrywide Financial customers in Florida will get settlement checks as part of the settlement of a lawsuit filed in 2008. The attorney general of Florida sued Countrywide Financial, alleging that Countrywide was involved in deceptive and unfair trade practices by allowing borrowers to take...
