www.ragaming.fora.pl Forum Index
RegisterSearchFAQMemberlistUsergroupsGalleriesLog in
Bank of America settlement questioned

 
Reply to topic    www.ragaming.fora.pl Forum Index » Screenshots View previous topic
View next topic
Bank of America settlement questioned
Author Message
cheapbag214s




Joined: 27 Jun 2013
Posts: 20008
Read: 0 topics

Warns: 0/10
Location: England

Post Bank of America settlement questioned
Bank of America settlement questioned
senator are calling for an investigation into Bank of America settlement with mortgage giant Fannie Mae in a dispute involving $1.4 trillion in loans.
The bank and Fannie Mae announced Monday that they had reached an accord that would have Bank of America pay $3.6 billion in cash and buy back $6.75 billion in loans from the mortgage giant,[link widoczny dla zalogowanych]. The two had been battling over a large pool of loans sold to Fannie by Countrywide Financial Corp. between 2000 and 2008. Bank of America purchased the subprime lender in 2008,[link widoczny dla zalogowanych].
The agreement released Bank of America from future claims on the loan pool, which carried an original principal amount of $1.4 trillion but had an unpaid balance of about $300 billion. The Federal Housing Finance Agency,[link widoczny dla zalogowanych], which regulates Fannie Mae,[link widoczny dla zalogowanych], said the deal was in the best interest of taxpayers. The government took Fannie and Freddie Mac under conservatorship during the financial crisis and has used federal money to cover losses.
Public Citizen says the price Bank of America paid was too cheap for the volume of loans involved,[link widoczny dla zalogowanych], according to a letter the organization sent to the Office of Inspector General in the Federal Housing Finance Agency.
of this deal demand careful scrutiny, the letter says. It asks the office to look into how the Federal Housing Finance Agency determined the agreement was best for the public.
are in receipt and are reviewing it now, Federal Housing Finance Agency spokeswoman Kristine Belisle said. Sen. Robert Menendez,[link widoczny dla zalogowanych], a Democrat from New Jersey,[link widoczny dla zalogowanych], also weighed in Thursday with the same concerns. His office said he would encourage an investigation into whether the agency looked into the decision rigorously enough.
Bank of America declined to comment.
After stay-at-home mother Emily McCall had her second daughter,[link widoczny dla zalogowanych], escaping the house became more necessary. president
Duke Energy has named a new president for North Carolina,[link widoczny dla zalogowanych], replacing Brett Carter with senior vice president Paul Newton. The moves continue a recent shuffle of top executives at Duke, which merged last year with Raleigh-based Progress Energy.
Daimler truck layoffs coming in NC, SC,[link widoczny dla zalogowanych], Ore.
Daimler Trucks North America said Tuesday it was warning thousands of workers that potentially large layoffs could be coming at manufacturing plants in North Carolina,[link widoczny dla zalogowanych], South Carolina,[link widoczny dla zalogowanych], Oregon and Mexico.
Ten sign up for Urban Ministries of Wake County year-round food drive program
Ten businesses and other organizations have pledged to sponsor weekly food drives under a new program by Urban Ministries of Wake County that aims to ensure donations during normally lean times,[link widoczny dla zalogowanych].
After artisanal cheese, Vt. explores charcuterie
Nearly 30 years ago, a handful of enterprising Vermonters realized they could do more with milk than just sell it. And with a little help from the state,[link widoczny dla zalogowanych], they became pioneers in what quickly blossomed into the now behemoth artisanal cheese movement.
When a business owner wants out,[link widoczny dla zalogowanych], options require planning
Tom Valone, owner of the Great Outdoor Provision Co.,[link widoczny dla zalogowanych], recently announced that four members of the store's management team would acquire the business that he co-founded in 1972. The decision came after Valone spent years exploring different exit strategies.
Supplying smaller retailers can result in a better payoff
After taxing negotiations with three different big-box retailers in a five month span,[link widoczny dla zalogowanych], Fortis Design owner Rob Jordan was ready to return to a base of smaller customers.
Caterpillar's fourth quarter earnings surpass estimates
Caterpillar Inc., the world's largest maker of construction and mining equipment, reported a fourth-quarter profit that topped analysts' estimates. Caterpillar employs several thousand workers in North Carolina at a half-dozen locations,[link widoczny dla zalogowanych], including sites in Clayton, Sanford and Winston-Salem.
Group claims Duke Energy's talks with state regulators were improper
Quintiles is reportedly still considering an IPO
Quintiles, the world's largest pharmaceutical services company,[link widoczny dla zalogowanych], is reportedly getting serious about an initial public offering of stock. Bloomberg News, citing three people knowledgeable about the situation,[link widoczny dla zalogowanych], reports that two major investors in the privately held Durham company are interviewing investment banks about handling an IPO.
相关的主题文章:


[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]


The post has been approved 0 times
Thu 0:42, 29 Aug 2013 View user's profile
Display posts from previous:    
Reply to topic    www.ragaming.fora.pl Forum Index » Screenshots All times are GMT + 2 Hours
Page 1 of 1

 
Jump to: 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


fora.pl - załóż własne forum dyskusyjne za darmo
Powered by phpBB © 2001, 2005 phpBB Group
Design by Freestyle XL / Music Lyrics.
Regulamin