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Fannie, Freddie win $3.3-billion settlement from BofA, Ally over dud mortgages
Money & CompanyBank of America Corp. and Ally Financial Inc. have agreed to pay a combined $3.3 billion to settle remaining demands that they repurchase soured mortgages from Fannie Mae and Freddie Mac, the giant home-loan buyers that wound up wards of...... -
Bank of America posts net loss of $1 billion
Money & CompanyBank of America Corp. reminded investors this morning how ugly conditions remain in some parts of the U.S. banking industry. The nation???s largest bank reported a third-quarter net loss of $1 billion, mainly because of the continuing travails of U.S........ -
Bank of America CEO prefers wife to athetes, coaches
WatchdogKenneth Lewis, the CEO of Bank of America, last week offered a passionate defense of the value of sports marketing, even though his company's mega-millions sponsorship of Yankee Stadium recently fell victim to the financial world's troubles. Lewis' best...Tags: Bank of America Corp., Banking
Jan 3, 2011
| Los Angeles Times
Oct 16, 2009
| Los Angeles Times
Mar 16, 2009
|Blog| Newsday
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