By The Associated Press
Published: March 15,2012
The government filed in federal court Monday a $25 billion settlement with the five largest mortgage lenders, putting an official stamp on the landmark agreement over alleged foreclosure abuses.
By Mecklenburg Times staff reports
Published: September 23,2011
JPMorgan Chase & Co. and Bank of America Corp. are opening mortgage-assistance centers in Charlotte. JPMorgan opened its center Tuesday at 205 Regency Executive Park Drive, Suite 100. BofA is expected to open its center, the location of which has not been disclosed, next month. The centers will focus on helping homeowners struggling to pay [...]
By Scott Baughman
Published: June 10,2011
Hold onto your wallet. It might be an antique in a few years. The world of online banking is not new, but now three of the industry’s biggest players, including Charlotte-based Bank of America, have joined forces to make money transfers happen more easily for their customers. Bank of America has teamed up with archrivals [...]
By Scott Baughman
Published: May 25,2011
Three of the nation’s biggest banks — Bank of America, JPMorgan Chase and Wells Fargo — have teamed up to start a Charlotte-based joint venture to allow customers to pay for goods and services using only an email address or mobile phone number. The joint venture is called clearXchange. The technology is nothing new; Companies [...]
By Scott Baughman
Published: May 24,2011
Bank of America has tentatively agreed to a $410 million overdraft fee lawsuit settlement, according to court documents released Monday. The lawsuit was filed as a class action against some U.S. banks, but the Charlotte-based banking titan is the first to agree to the settlement. Florida District Court Judge James Lawrence King scheduled final approval for Nov. [...]
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