BANK OF AMERICA, NA, a/k/a Countrywide Mortgage, by Merger to BAC Home Loans Servicing, LP (BANA) | Search

Accessibility help Skip to navigation Skip to content Skip to footer

Showing results for BANK OF AMERICA, NA, a/k/a Countrywide Mortgage, by Merger to BAC Home Loans Servicing, LP (BANA)

Sort by

Viewing results 1‒16 of 16

Property sector
Concern US housing relief skips the hardest hit
...One government official says a large number of the modified loans in the NMS were originated by mortgage lender Countrywide, which he said targeted low-income communities, suggesting relief did reach those...
August 7, 2014
US & Canadian companies
Brian Moynihan’s challenge to lift BofA’s revenues after $16.5bn fine
...A lawyer by training, he threw himself into the bank’s mortgage problems, cleaning up the mess of subprime home loans that helped spark the global financial crisis....
August 21, 2014
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News in-depthUS downturn
US finance: An enduring squall
...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...
January 19, 2012
US & Canadian companies
BofA axes 3,500 jobs in cost-cutting drive
...Bank of America is cutting 3,500 jobs this quarter as the biggest US lender by assets seeks to rein in expenses amid lingering mortgage losses and a darkening economic outlook....
August 19, 2011
US & Canadian companies
US banks offered deal over lawsuits
...The talks aim to settle allegations that banks including Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial seized the homes of delinquent borrowers and broke state laws by employing...
September 5, 2011
US & Canadian companies
Moynihan upbeat at BofA annual meeting
...BofA’s 2009 purchase of Countrywide Financial, hailed then as a rare opportunity to secure the bank’s position as the nation’s top mortgage lender, now stands as a drain on the bank’s profits and the biggest...
May 12, 2011
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
FT AlphavilleTracy Alloway
Those blemished Countrywide credit loans
...The Mortgage Loans Were Underwritten to Countrywide Home Loans’s Standards for Credit Blemished Mortgage Loans....
October 20, 2010
FT AlphavilleCardiff Garcia
BlackRock, Pimco, NY Fed coming after BofA, Bloomberg says
...The bondholders wrote a letter to Bank of America and Bank of New York Mellon Corp., the debt’s trustee, citing alleged failures by Countrywide to service the loans properly, their lawyer said yesterday...
October 19, 2010
Mergers & Acquisitions
Stuyvesant Town mezz lenders Pershing and Winthrop plot Chapter 11
...The filing will effectively block a foreclosure action already in motion by CWCapital, the special servicer in control of the USD 3bn senior mortgage’s workout, while placing control of the senior loan modification...
August 10, 2010
FT AlphavilleIPOs
See you in court, Countrywide edition
...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...
August 13, 2008
US & Canadian companies
Countryside takeover agreed amid lawsuits
...Countrywideshareholders approved Bank of America’s proposed acquisition of the troubled mortgage lender on Wednesday amid a storm of litigation alleging Countrywide engaged in unfair and deceptive lending...
June 25, 2008
FT AlphavilleStacy-Marie Ishmael
CDS report: This crisis has legs
...Countrywide tightened by 52bp to 165bp, while Bank of America added 5bp to 110bp, according to Phoenix Partners Group....
July 1, 2008
John Dizard
Countrywide deal is far from shot
...Now there’s a barrage of leaks, reports, whispers, and so on suggesting that the acquisition of Countrywide by Bank of America will unravel, or that somehow the Countrywide bank can be “saved” while the...
May 11, 2008
News in-depthGlobal Economy
Value to unlock: Banks are starting to find buyers for mortgage securities
...A year later, losses that left Countrywide on the brink of bankruptcy are pushing the biggest US home lender into the arms of Bank of America, in a deal that may yet fall through....
May 11, 2008
Property sector
Countrywide rises as BofA affirms merger
...Shares in Countrywide rose 6.4 per cent to $6.33 by mid-afternoon. Bank of America’s $4bn offer values each share at about $7.19....
January 29, 2008
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Q&AUS states of emergency
Credit markets outlook
...Rising defaults on US subprime mortgages - home loans to borrowers with poor credit histories – have forced dozens of lenders to close, and caused market mayhem....
August 6, 2007

Previous pagePage 1 of 1Next page