Bank of America Merrill Lynch on Thursday said it has cut the price target for motorcycle maker Bajaj Auto to Rs 1,340 from Rs 1,480 on expectations of margin pressures and a sales slowdown in the current fiscal year.It however, maintained its View full post on All Stories
Bank offers homeowners some help with mortgages at its 2-day Charlotte event. rrothacker@charlotteobserver.com More Information For more information, go to www. bank of america. com/outreach events or call 1-855-201-7426. For three years, as her View full post on All Stories
Bank of America Corp.’s first-quarter income fell 39 percent on higher costs related to its mortgage business and higher litigation expenses. The bank also settled a claim over faulty mortgage investments and set aside less money to cover soured loans. View full post on All Stories
Bank of America executives said on Tuesday that a government idea to write off tens of billions worth of mortgage debt was unworkable and warned that it would be unfair to untroubled borrowers. View full post on All Stories
Bank of America agreed to pay $2.8 billion to Fannie and Freddie over Countrywide mortgages. View full post on All Stories
Matthew Borghese – AHN News Contributor Washington, D.C., United States (AHN) – Vermont’s Independent Sen. Bernard Sanders spent over eight hours denouncing the new agreement to extend Bush-era tax cuts to millions of Americans. Speaking on the floor of the U.S. Senate, Sanders spoke out against President Barack Obama’s efforts, saying the deal only increases [...]
Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – One of the major American banks on Wednesday got slapped with millions to compensate previous misdeeds and to join special governmental antitrust programs, a communique from the Justice Department noted. “Bank of America entities have agreed to pay a total of $137.3 million [...]
Ayinde O. Chase – AHN News Editor Miami, FL, United States (AHN) – Despite an estimated national debt of $14 trillion and a presidential panel calling for massive overhauls, consumer confidence is at its highest levels since the 2008 economic meltdown. Registering the highest reading since September 2008, the RBC Consumer Outlook Index increased 3.2 [...]
AHN News Staff Washington, DC, United States (AHN) – Officials of American mortgage giants Fannie Mae and Freddie Mac denied Wednesday they caused the foreclosure crisis, instead blaming mortgage services and law firms that they contract. The executives told Congress that since the two companies do not service loans the responsibility for managing payments by [...]
Graduates of American law schools are finding that their chosen career is less lucrative than they had hoped THIS year “The Apprentice”, a television show in which contestants compete for the privilege of working for Donald Trump, features 16 who are down on their luck, having lost previous jobs or otherwise having to start anew. [...]
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