Countrywide http://wfae.org en Feds Seeking $2.1B From Bank Of America http://wfae.org/post/feds-seeking-21b-bank-america <p><span style="line-height: 1.5;">The U.S. Attorney General’s office is seeking to more than double the fines Bank of America faces for fraudulent mortgages that helped lead to the financial crisis.</span></p><p></p> Thu, 30 Jan 2014 18:09:37 +0000 Ben Bradford 44040 at http://wfae.org Feds Seeking $2.1B From Bank Of America Bank Of America Profits By Reducing Expenses http://wfae.org/post/bank-america-profits-reducing-expenses <p>Bank of America shares jumped almost 2 percent overnight, up to over $17 a share, as the company announced better-than-expected profits in its fourth quarter.</p><p></p><p> Wed, 15 Jan 2014 19:13:10 +0000 Ben Bradford 43057 at http://wfae.org Bank Of America Profits By Reducing Expenses U.S. Sues BofA For $1 Billion For Mortgage Fraud http://wfae.org/post/us-sues-bofa-1-billion-mortgage-fraud <p>Federal prosecutors in Manhattan sued Bank of America for $1 billion on Wednesday, alleging the bank defrauded government-sponsored mortgage giants Fannie Mae and Freddie Mac.<br><br>The lawsuit is the latest legal mire for the Charlotte-based bank, which has already agreed to pay billions of dollars to resolve other lawsuits.<br> Wed, 24 Oct 2012 19:03:36 +0000 John Arwood and Ely Portillo, Charlotte Observer 14505 at http://wfae.org U.S. Sues BofA For $1 Billion For Mortgage Fraud