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Bank of America & Real Estate

BofA eyes sale of Foxtons' loans
Real Estate News From Financial Times - Property

Bank of America has started talks with investors on a potential sale of loans it made to Foxtons, in a move that would take advantage of a recovery in credit markets
Source: Financial Times - Property

Estate Real and America Bank

BofA to Donate Thousand Homes to Vets, First Responders

Bank of America has committed to provide 1,000 homes over a three year period to local agencies and non-profit organizations working with injured veterans and first responders . The Bank announced the program today along with the names and information on the two most recent recipients on Friday. The bank said over two dozen homes have already been donated through the program, two in the last few weeks. These homes, one in Tucson, Arizona and the other in San Antonio, Texas were handed over to retired... Ref. Source 1

Bank of America & Real Estate History & Civil Business Politics

Credit conditions ease significantly
Global Real Estate News

BoE says the availability of mortgages rose 'significantly? in the three months to mid-December, in part due to its Funding for Lending Scheme
Source: Property company and industry news with expert analysis from the Financial Times

Estate Real and America Bank

BofA Earmarks $11.7 Billion to Cap Fannie Mae's Claims:

Bank of America Corp. Agreed to an $11.7 billion package designed to resolve most mortgage disputes with U.S.-owned Fannie Mae after a deal announced two years ago proved inadequate. Ref. Source 7

Estate Real and America Bank

Feds seek $864M from BofA over Countrywide loans:

Federal prosecutors want Bank of America to pay about $864 million over losses incurred by the government after it bought thousands of home loans made by Countrywide Financial during the housing boom. U.S. Attorney Preet Bharara made the request in documents filed late Friday with the U.S. District Court in Manhattan. Ref. Source 3

Bank of America & Real Estate

Judge Rules Foreclosure Unconstitutional:

The homeowner won his house from BoA which is another major victory against the unethical and illegal foreclosures industry that has left millions of Americans homeless. Ref. Source 3

Bank America & Real Estate

Bank of America, U.S. Reach agreement in principle on nearly $17B settlement over mortgages

Charlotte-based Bank of America and Justice Department near accord on record amount in civil settlement over a bank's involvement in mortgages prior to the financial crisis. Ref. USAToday

Bank America & Real Estate Politics Business Civil & History

Bank Of America's $17 Billion Mortgage Crisis Settlement Could Be A Total Bust:

That record price tag is deceptive. The deal is unlikely to cost Bank of America anywhere close to that amount. Ref. Source 3