| Apr 15: BofA profit drops as foreclosure delays hurt bank (source: Reuters) |
| CHARLOTTE, North Carolina (Reuters) - Bank of America Corp posted an unexpectedly sharp drop in first-quarter profit as higher expenses from delayed home foreclosures weighed on its mortgage business. |
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| Apr 15: BofA quarterly profit drops; mortgages hurt (source: Reuters) |
| CHARLOTTE, North Carolina (Reuters) - Bank of America Corp posted an unexpectedly sharp drop in first-quarter profit as higher expenses from delayed home foreclosures weighed on its mortgage business. |
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| Apr 15: Profits fall at Bank of America (source: BBC) |
| Bank of America Merrill Lynch reports a 38% decline in profits for the first three months of the year due to heavy losses on residential mortgages. |
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| Apr 15: Bank ends interest-only mortgages without documentary evidence (source: Telegraph) |
Britain's biggest mortgage lender has announced the end of interest-only mortgages without documentary evidence of how the loan is going to be repaid. |
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| Apr 15: BofA Q1 profit lower than expected; names new CFO (source: Reuters) |
| CHARLOTTE, North Carolina (Reuters) - Bank of America Corp posted an unexpectedly sharp decline in first-quarter profit, plagued by losses in the mortgage business, and the bank named a new chief financial officer. |
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| Apr 15: Mortgage fraud climbs 14pc following recession (source: Telegraph) |
Mortgage fraud has climbed 14 per cent during the fallout of the recession, new figures have revealed. |
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| Apr 15: Bank ends interest-only mortgages without documentary evidence (source: Telegraph) |
Britain's biggest mortgage lender has announced the end of interest-only mortgages without documentary evidence of how the loan is going to be repaid. |
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| Apr 15: Eurozone inflation hits 2.7pc, raises rate rise fears (source: Telegraph) |
Eurozone inflation has hit 2.7pc and is above 3pc once Britain and the rest of the EU are included, raising expectations of sharper interest rates rises. |
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| Apr 15: BofA posts 37.5 percent decline in 1st-quarter profit (source: Reuters) |
| CHARLOTTE, North Carolina (Reuters) - Bank of America Corp posted a 37.5 percent decline in first-quarter earnings, hurt by mortgage-related costs. |
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| Apr 15: BofA expected to beat Street, but mortgage costs loom (source: Reuters) |
| CHARLOTTE, North Carolina (Reuters) - Bank of America Corp is expected to report a 9 percent drop in its first quarter profit, as U.S. consumer lending contracts and the costs for collecting on mortgages continue to rise. |
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| Apr 15: U.S. inflation seen picking up but no grave threat: Reuters poll (source: Reuters) |
NEW YORK (Reuters) - U.S. inflation is likely to climb higher than previously thought but the recovery will not stall as interest rates will be held down until early next year, according to the latest Reuters poll of economists.
| More... | | | | Apr 15: BofA expected to beat Street, but mortgage costs loom (source: Reuters) | | CHARLOTTE, North Carolina (Reuters) - Bank of America Corp is expected to report a 9 percent drop in its first quarter profit, as U.S. consumer lending contracts and the costs for collecting on mortgages continue to rise. | | | | Apr 15: BofA expected to beat Street, but mortgage costs loom (source: Reuters) | | CHARLOTTE, North Carolina (Reuters) - Bank of America Corp is expected to report a 9 percent drop in its first quarter profit, as U.S. consumer lending contracts and the costs for collecting on mortgages continue to rise. | | | | Apr 15: U.S. inflation seen picking up but no grave threat: Reuters poll (source: Reuters) | NEW YORK (Reuters) - U.S. inflation is likely to climb higher than previously thought but the recovery will not stall as interest rates will be held down until early next year, according to the latest Reuters poll of economists.
| More... | | | | Apr 15: U.S. inflation seen picking up but no grave threat: Reuters poll (source: Reuters) | NEW YORK (Reuters) - U.S. inflation is likely to climb higher than previously thought but the recovery will not stall as interest rates will be held down until early next year, according to the latest Reuters poll of economists.
| More... | | | | Apr 15: U.S. inflation seen picking up but no grave threat: Reuters poll (source: Reuters) | NEW YORK (Reuters) - U.S. inflation is likely to climb higher than previously thought but the recovery will not stall as interest rates will be held down until early next year, according to the latest Reuters poll of economists.
| More... | | | | Apr 14: Fed officials: inflation muted, policy on course (source: Reuters) | | HELENA, Montana (Reuters) - The recent surge in oil prices is no prelude to broader price increases that would force the U.S. Federal Reserve to raise interest rates, two top Fed officials said on Thursday. | | | | Apr 14: U.S. inflation seen picking up but no grave threat: Reuters poll (source: Reuters) | NEW YORK (Reuters) - U.S. inflation is likely to climb higher than previously thought but the recovery will not stall as interest rates will be held down until early next year, according to the latest Reuters poll of economists.
| More... | | | | Apr 14: Goldman Sachs 'misled investors' (source: BBC) | | A US Senate probe says Goldman Sachs misled investors by selling mortgage-backed investments knowing they would fail. | | More... | | | | Apr 14: US Senate panel urges Goldman 'mis-selling' investigation (source: Telegraph) | | A US Senate Subcommittee has called on authorities to examine whether Goldman Sachs mis-sold mortgage related securities and misled Congress, as it released the findings of a two-year investigation into the financial crisis. | | | | | |