Tags: bac
U.S. Bank National Association vs. Antonio Ibanez
Last week the Massachusetts Supreme Court held that a judgement in favor of a plaintiff who had held that the bank pursuing foreclosure on his property had no legal standing to do so. more »
Pension Funds Demand Bank Action on Foreclosure Practices
A coalition of seven major public pension systems has called on the boards of directors of Bank of America (NYSE: BAC), Citigroup (NYSE: C), JP Morgan Chase (NYSE:JPM), and Wells Fargo (NYSE: WFC) to immediately undertake independent examinations of the banks’ mortgage and foreclosure practices. more »
New Stress Tests for U.S. Banks
January 9th, 2011
in Background
Large US financial groups are bracing for a new battery of stress tests that will determine which institutions are now healthy enough to raise dividends and buy back shares. more »
Mass. Court Rules Against Banks
January 7th, 2011
in Background
Massachusetts' highest court voided the seizure of two homes by Wells Fargo & Co and U.S. Bancorp after the banks failed to show they held the mortgages at the time they foreclosed. more »
BAC Putback Exposure Could Cut Price in Half
January 7th, 2011
in Background
Business Insider: In August, Manal Mehta and Branch Hill Capital put together a presentation targeting Bank of America's potential exposure to mortgage fraud, as well as other problems in the mortgage market.The presentation comes to a pretty damning co… more »
