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    Apr 17, 2013 |Story| Los Angeles Times
  1. BofA quadruples its profit but disappoints investors

    Bank of America Corp. quadrupled its first-quarter profit, reducing expenses and loan losses and reporting better brokerage and investment banking results, but continued to be bogged down by its mortgage operations, disappointing investors. Trying to...

    Tags: Credit Ratings, Finance, Banking, Real Estate, Mortgages

  2. Apr 16, 2013 |Story| Los Angeles Times
  3. Letters: Numbers don't tell the full story about fraud

    Re "Ex-KPMG accountant is charged," Business, April 12 For the 25 years I ran the California Community Foundation, KPMG was our auditing firm. For 10 of those years, our auditor was Scott London, the former KPMG auditor accused of fraud. I knew London...

    Tags: Accounting and Auditing, KPMG, Insider Trading, Scott London, Trials

  4. Apr 5, 2013 |Story| Los Angeles Times
  5. 'Connections' ad campaign will present a humbler Bank of America

    Can the ultimate too-big-to-fail bank persuade customers that it is humble?
    Can the ultimate too-big-to-fail bank persuade customers that it is humble? A new Bank of America Corp. ad campaign is taking on that task, with the tag line "Life's Better When We're Connected" replacing “Bank of Opportunity.” “We...

    Tags: National Collegiate Athletic Association, Banking, Bank of America Corp., Advertising, Citigroup Incorporated

  6. Apr 2, 2013 |Story| Los Angeles Times
  7. Fannie Mae posts record annual profit of $17.2 billion

    WASHINGTON — Taxpayer-owned Fannie Mae and Freddie Mac are back in the black, but it's unlikely to keep the nation's housing finance giants from being dismantled.
    WASHINGTON — Taxpayer-owned Fannie Mae and Freddie Mac are back in the black, but it's unlikely to keep the nation's housing finance giants from being dismantled. Boosted by the recovery in the housing market, Fannie Mae on Tuesday reported a...

    Tags: Companies and Corporations, Banking, U.S. Congress, Real Estate, Earnings Forecasts

  8. Apr 2, 2013 |Story| Los Angeles Times
  9. BofA pays $165 million to settle mortgage claims by credit unions

    In yet another home lending legal settlement, Bank of America Corp. will pay regulators $165 million related to losses that big credit unions suffered on mortgage-backed securities.
    In yet another home lending legal settlement, Bank of America Corp. will pay regulators $165 million related to losses that big credit unions suffered on mortgage-backed securities. The settlement, announced Tuesday, stems from efforts by the National...

    Tags: Justice System, Goldman Sachs Group, Inc., Wachovia Corp., Deutsche Bank AG, Bank of America Corp.

  10. Apr 2, 2013 |Story| Los Angeles Times
  11. Rescued Fannie Mae posts record profit as housing market rebounds

    WASHINGTON -- Bailed-out Fannie Mae on Tuesday reported a record $17.2 billion profit for 2012, driven by the housing-market recovery and a big settlement with Bank of America related to soured mortgages during the subprime boom.
    WASHINGTON -- Bailed-out Fannie Mae on Tuesday reported a record $17.2 billion profit for 2012, driven by the housing-market recovery and a big settlement with Bank of America related to soured mortgages during the subprime boom. The housing finance...

    Tags: Freddie Mac, Finance, Banking, Federal Bailout Funds, Mortgages

  12. Jul 15, 2007 |Story| Chicago Tribune
  13. 'Backward' move can pay off

    Like millions of Americans, Bill and Helen Bluett's greatest financial asset is their home, a Spanish-style dwelling just a quarter of a mile from the ocean in San Clemente, Calif. Selling the place and buying a cheaper one elsewhere could have brought...

    Tags: Homes, Loans, San Clemente (Orange, California), Banking, Bank of America Corp.

  14. Jul 15, 2007 |Story| Chicago Tribune
  15. Measuring the safety of reverse loans

    With an estimated 77 million Baby Boomers about to hit their golden years, the reverse-mortgage market is heating up. Not necessarily by the senior set, less than 2 percent of whom have decided to turn the equity in their homes into cash by taking out...

    Tags: Chicago Mortgages, Homes, Washington, DC, Bank of America Corp., Economy, Business and Finance

  16. Jul 15, 2007 |Story| Chicago Tribune
  17. Lending giants offer more ways to slam it into reverse

    How are Baby Boomers carrying hefty first and second mortgages going to pay them off? Millions of homeowners refinanced in the "refi boom" years of 2003-04, taking out new 15- or 30-year loans. So some Boomers in their late 50s and early 60s have big...

    Tags: Mergers, Acquisitions and Takeovers, Homes, Chicago Mortgages, Banking, Arizona

  18. Mar 1, 2013 |Story| AP Broadcast
  19. Feds seek last victims of discriminatory lending

    INDIANAPOLIS (AP) — Federal authorities are looking for more than 400 African-Americans and Latinos in Indiana who might be eligible to collect part of a $335 million settlement between Countrywide Financial Corp. and the Justice Department. U.S....
  20. Feb 25, 2013 |Column| Baltimore Sun
  21. An opportunity to break free of Ticketmaster

    I thought Ticketmaster was the most hated company in America, but it turns out to have had some competition for that title in recent years. It lost last year to AT&T, Bank of America, Walmart and Electronic Arts, the maker of digital games.
    I thought Ticketmaster was the most hated company in America, but it turns out to have had some competition for that title in recent years. It lost last year to AT&T, Bank of America, Walmart and Electronic Arts, the maker of digital games. The...

    Tags: Entertainment, EA Tiburon, Banking, Bank of America Corp., Memorial Stadium

  22. Feb 8, 2013 |Story| Los Angeles Times
  23. PennyMac, headed by former No. 2 at Countrywide, files for IPO

    PennyMac Financial Services Inc., the 5-year-old mortgage company founded by former Countrywide Financial Corp. President Stanford L. Kurland, plans to go public on the New York Stock Exchange.  PennyMac, which makes, buys, sells and services...

    Tags: Freddie Mac, Finance, NYSE Euronext, Inc., Mortgages, Bank of America Corp.

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