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BofA's $315M Settlement Approved

Posted by mortgage 12 days ago (Editorial)
On Tuesday, Jed Rakoff, the U.S. District Judge in Manhattan, approved Bank of America Corporation's (BAC) $315 million settlement with investors related to the Public Employees' Retirement System of Mississippi ...

Ally turns $310M net profit for 1Q

Posted by mortgage 26 days ago (Editorial)
Detroit-based auto and mortgage lender Ally Financial Inc. said Thursday it swung to a $310 million net profit in the first quarter this year after a net loss of $206 million in the prior quarter and net income of $146 million in first quarter 2011.
Detroit— Auto and mortgage lender Ally Financial Inc. swung to a $310 million net profit in the first quarter of the 2012, compared to a net loss of $206 million in the prior quarter and net income of $146 million for the first quarter of 2011.
The Securities and Exchange Commission charged H&R Block subsidiary Option One Mortgage Corporation with misleading investors in several offerings of subprime residential mortgage-backed securities by ...
The U.S. Securities and Exchange Commission said Monday that H&R Block Inc. subsidiary Option One Mortgage Corp. has agreed to pay $28.2 million to settle charges that it misled investors about subprime mortgage offerings.
H&R Block's former mortgage subsidiary Option One has agreed to pay $28.2 million to settle charges from the Securities and Exchange Commission over its subprime mortgage investments.
Bank Hapoalim has filed a massive $720 million suit against Bank of America, Merrill Lynch and Countrywide over its losses in the U.S. subprime crisis, alleging that the U.S. institutions misled and defrauded it.
Find Out How to Get More Out of Their VA Home Loan Benefits with Jumbo VA Loans, Pre-approved for Amounts as High as $1M Dollars, Texas, Florida, Colorado, Oklahoma, Alabama, California, Arkansas (PRWEB) March 22, 2012 North Carolina Did you know that Veterans and Active Duty members serving in the U.S. Armed Forces can now purchase a home as high as $1 million dollars by using Jumbo VA Home ...

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Mortgage How to Get is an informational resource about mortgage news and information.