Quantcast
Home / Tag Archives: Bank of America (page 3)

Tag Archives: Bank of America

Feed Subscription

Unsettled: Who’s upset by the $25B 
foreclosure deal and why (access required)

When the nation’s largest banks, including Bank of America and Wells Fargo, reached a $25 billion settlement with state attorneys general from 49 states this month, some saw it as a way to address the foreclosure crisis. But some say the most remarkable thing about the settlement might be the parts of the foreclosure crisis it ignored.

Read More »

Cashing out (access required)

When Charlotte-based Bank of America confirmed this month that it's selling two of its Uptown skyscrapers, Hearst Tower and Fifth Third Center, it wasn’t surprising that it stirred speculation about the city’s future as a financial hub. But some say the sale could be a good thing for Charlotte.

Read More »

Appraisers hope for the end of bank-owned AMCs (access required)

In 2009, about two years after the real estate market started its collapse, a new federal law took effect. The federal Home Valuation Code of Conduct was created to reduce conflicts of interest in the process of appraising homes. Real estate agents and brokers were no longer allowed to order appraisals. Lenders were now in control of doing that, and demand for appraisal-management companies shot up.

Read More »
Scroll To Top