Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: Bank of America

Banks report fewer mortgages going bad

Americans are starting to get their household finances in order. In an encouraging round of earnings reports, major banks say fewer mortgages are going bad, credit card defaults are down and more people are paying the bills on time. One ...

Read More »

Helping Others, 1/4: What businesses and firms did in 2010

The Daily Record would like to note through its fifth annual Helping Others recognition campaign the contributions of time, money and other forms of support made by Maryland businesses, law firms and institutions to worthy causes during 2010. Benefit ‘office ...

Read More »

Helping Others, 1/3: What businesses and firms did in 2010

The Daily Record would like to note through its fifth annual Helping Others recognition campaign the contributions of time, money and other forms of support made by Maryland businesses, law firms and institutions to worthy causes during 2010. Free turkey ...

Read More »

Bank of America to take $2B charge to settle home loan claims

NEW YORK — Bank of America Corp. reached a $2.8 billion settlement with Fannie Mae and Freddie Mac over claims that one of its businesses sold bad mortgages. The payment is far lower than analysts expected and removes some uncertainty ...

Read More »

14 honored with Mayor’s Business Recognition Awards

Fourteen businesses and a nonprofit organization in the Baltimore area were honored Tuesday at the 2010 Mayor’s Business Recognition Awards ceremony. The annual awards program, an initiative of the Greater Baltimore Committee and the Baltimore Development Corp., recognizes companies and ...

Read More »

Federal Reserve reveals details of emergency aid to banks

WASHINGTON — The Federal Reserve on Wednesday revealed details of trillions of dollars in emergency aid it provided to U.S. and foreign banks during the financial crisis. Newly released documents show that the most loan money over time went to ...

Read More »

Stocks fall Monday on Ireland bailout, Wall Street probe

NEW YORK — Stocks fell Monday as investors worried about fallout from Europe’s financial crisis and a widening probe into Wall Street insider trading. Bank stocks led the declines after the Federal Bureau of Investigation raided the offices of two ...

Read More »

Bank of America making changes in foreclosure process

WASHINGTON — Bank of America is telling a Senate panel it is making changes in its foreclosure process after an extensive review found areas needing improvement. The bank is one of several big mortgage lenders that recently suspended foreclosures temporarily ...

Read More »