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Bank of America to cut 3,000 mortgage jobs
Bank of America will cut roughly 3,000 jobs by the end of the year as the number of refinancing applications and troubled loans has fallen. It is part of larger […]
Bank of America reports $9.1B 2Q loss; investors worried
NEW YORK — Things keep getting worse for Bank of America. Today, the nation’s largest bank reported a loss of $9.1 billion during the second quarter, partly because of an […]
Bank of America CEO: ‘We are a much stronger company’
Bank of America today released the results of its 2011 annual meeting, and CEO Brian Moynihan was upbeat about the Charlotte-based company. “We are a much stronger company than last year,” […]
BofA CEO 2010 pay package worth $1.25M
NEW YORK — Brian Moynihan, the CEO of Bank of America Corp., received compensation valued at $1.25 million in 2010, according to an Associated Press analysis of regulatory filings. Moynihan […]
Fed rejects Bank of America’s dividend hike plan
NEW YORK — Bank of America said today the Federal Reserve has objected to its plan for raising its dividend in the second half of this year, a setback that […]
Bank of America creates unit for foreclosures
Bank of America Corp. on Thursday said it is splitting its mortgage business into two units, with a new division created specifically to handle foreclosures and discontinued loan products. The […]
BofA reports loss of $1.6B in 4Q
NEW YORK — Bank of America Corp. reported a fourth-quarter 2010 loss of $1.6 billion today after its costs related to soured home loans increased. The results reflected efforts by […]
Bank of America reaches agreement over Countrywide loans
Bank of America said Monday it has reached an agreement with Fannie Mae and Freddie Mac over bad residential mortgage loans sold to them by Countrywide Financial Corp. As part […]
Bank of America posts $7.7B loss on special charge
NEW YORK — Bank of America Corp. said today it lost $7.65 billion during the third quarter because of a charge related to credit and debit card reform legislation passed […]
Latest News
- Fairfield completes 307-home Cavella community in Charlotte’s North Tryon
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- Homes Now Sell Below List Price in 41 of 50 Major U.S. Metros
- Construction Employment Increases In 33 States And D.C. From June 2025 To June 2026
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Features
- CBRE Adds Veteran Office and Healthcare Leasing Professional Grant Keyes to Charlotte Team
- Thomas & Hutton Announces Ryo Yamamoto’s Professional Engineer Licensure in North Carolina
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