A realty sign hangs in front of a home for sale in Orlando, Fla. Housing advocates say banks, stung by the housing crisis and its fallout, remain reluctant to lend.
February 17, 2015 The housing market and the economy are both well on their way back from the Great Recession. But housing advocates say banks, stung by the housing crisis and its fallout, remain reluctant to lend.
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June 17, 2014 The bank's mortgage-lending subsidiary agreed to pay $968 million and acknowledged that it failed to comply with federal requirements for processing FHA loans.
Big Data may not be much to look at, but it can be powerful stuff. For instance, this is what the new National Security Agency (NSA) data center in Bluffdale, Utah, looks like.
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June 11, 2013 Big Data raises concerns about more than just privacy. The debate opening up before us is an essential one for a culture dominated by science and technology. Who determines if a technology is adopted? Who determines when and how it will be deployed? Who owns our data? What are our rights in this new world?
Bank of America's corporate center in Charlotte, N.C.
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January 7, 2013 The agreement resolves claims against the bank about mortgage-backed securities it sold before the housing bust. Many weren't worth what was promised. Also today, BofA and other banks are expectd to settle claims related to alleged foreclosure abuses.
A "bank owned" sign in front of a home in Miami last October.
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August 10, 2012 The new rules would help eliminate surprises and make the mortgage loan process easier to understand, the Consumer Financial Protection Bureau says. It's also moving to give homeowners more protection when mortgage companies try to foreclose.
August 23, 2011 In the first hour of Talk of the Nation, entrepreneurship in a bad economy, and columnist Cynthia Tucker leaves her post. In the second hour, Randall Kennedy on his book, The Persistence of the Color Line, and economics professor Viral Acharya argues for an end to tax deductions for mortgage interest.
June 29, 2011 Institutional investors said that BofA's Countrywide unit ran up fees as it continued to service bad loans that should have been foreclosed.
June 24, 2010 The good news is that mortgage rates are at historic lows. The bad news is that millions of people can't benefit.
June 16, 2010 SEC charges fraud by one-time mortgage mogul.
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