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Showing results for BANK OF AMERICA, NA, sucessor by merger to Successor BAC Home Loans Servicing, LP
...It is also the largest residential landlord in the US, with a portfolio of 50,000 rental homes that it would like to take public by next year....
...After carving out the legacy asset servicing business, to work through delinquent home loans, he started in 2011 to cut costs....
...Losses incurred by what is the second-biggest US bank by assets from its acquisition of the mortgage originator run into the tens of billions of dollars – making the deal one of the worst mergers in history...
...The purchase by Bain Capital, KKR and the Merrill Lynch unit of Bank of America symbolised a sector apparently at the height of its powers....
...had been CFO of the old San Francisco-based Bank of America in the 1990s, before its merger with NationsBank to create the current company....
...Bank of America quickly announced it had entered merger discussions with Merrill Lynch, while Barclays withdrew from the race....
...Countrywide Home Loans Servicing LP, et al is ostensibly brought on behalf of a class of purchasers of certain mortgage pass-through certificates for which CWALT, Inc. and various issuing trusts filed registration...
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