- ‘Tis the Season: London florist creates $4.6 million Christmas wreath
- No tailgating allowed at Super Bowl XLVIII
- Pentagon to transport African troops to Central African Republic
- Chinese man fed up with his girlfriend’s shopping jumps to his death
- Ukraine leader to talk with protesters; Washington urges caution
- Pope Francis: A nun saved my life
- Israeli P.M. Netanyahu backs out of Mandela funeral
- Elian Gonzalez makes first trip outside Cuba since custody battle
- U.S., British intelligence agents enter online sci-fi world to spy on gamers
- Sarah Palin to host the outdoors show ‘Amazing America’
Bank Of America
Latest Bank Of America Items
WikiLeaks' release of secret government communications is a warning to the world's biggest companies: You may be next.
The problems in the mortgage industry go far beyond the controversy over flawed foreclosure documents and call for an overhaul of the system of administering home loans, the state attorney general leading a nationwide investigation told a Senate panel Tuesday.
Why are many of the big Wall Street banks imposing a freeze on foreclosures when the average number of days to foreclose on a property, according to Lender Processing Services, is at an all-time high of 478 days?
President Obama's reset button for a new America as the shining beacon on the Hill for the rest of the world to look up to is jammed. And the prophets of doom and gloom are soaring.
Florida's two gubernatorial candidates launched dueling media attacks Monday designed to portray the other as scandal-prone and untrustworthy in a race most pollsters say is too close to call.
Potential flaws in foreclosure documents are threatening to throw the real estate industry into a full-blown crisis, as Bank of America on Friday became the first bank to stop sales of foreclosed homes in all 50 states.
The federal government is looking into allegations that mortgage lenders in the foreclosure crisis have been evicting homeowners using flawed court papers, Attorney General Eric H. Holder Jr. said Wednesday.
The Congressional Black Caucus (CBC) has not had a good run of luck before the House ethics committee lately. Two of its senior members face trials before the panel. Rep. Charles B. Rangel, New York Democrat, is accused of cheating on his taxes, abusing New York rent-control laws and improperly using congressional stationery. Rep. Maxine Waters, California Democrat, is alleged to have steered bailout money to a bank in which her husband had a sizable financial interest. Now come Rep. Eddie Bernice Johnson, Texas Democrat, and Rep. Sanford D. Bishop Jr., Georgia Democrat, who have admitted to improperly doling out Congressional Black Caucus Foundation scholarship funds to their relatives and a staffer's children.
Members of Congress take note: "Read the fine print" is the universal business-world admonition for a reason. That's the lesson from the sudden revelation that some banks have rushed through foreclosures on thousands of homes without reading the legal documents. As a result, authorities in dozens of states have put foreclosures on hold. If bank officials are obliged to verify the accuracy of documents they issue that affect tens of thousands of Americans, the same measure of accountability should apply to federal lawmakers whose votes impact hundreds of millions.