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Loan Modification
: Mortgage Lender Implode-o-MeterBofA To Extend Discussions With Pimco, New York Fed, Seeking Settlement Over $47 Billion In Putback Claims
By Implode-Explode Heavy Industries
Full post as published by Mortgage Lender Implode-o-Meter on December 16, 2010 (boomark / email).
Major Bondholders seek BofA Mortgage Repurchases
From Bloomberg: Pimco, New York Fed Said to Seek BofA Repurchase of Mortgages Pacific Investment Management Co., BlackRock Inc. and the Federal Reserve Bank of New York are seeking to force Bank of America Corp...
Second Thoughts on Judge Rakoff's Rejection of the SEC-BofA Settlement
I continue to ponder Judge Rakoff's order refusing to approve the SEC-BofA consent judgment in connection with the alleged misstatements about the Merrill bonuses in the BofA proxy statement seeking approval of the merger...
Rakoff on BofA, SEC Settlement: Not So Fast, Fellas
Monday afternoon, we got word of a lawsuit SEC and Bank of America, followed quickly by word of a settlement. BofA agreed to pay a $33 million fine to settle a suit, in which the SEC had alleged that the bank failed to disclose to investors that it had agreed to pay $5 billion in bonuses at the time of its takeover of Merrill Lynch, last fall...
New York AG Subpoenas BofA Directors
The latest news today on the BofA-Merrill merger investigations is that the New York AG has issued subpoenas to 5 current or former directors of Bank of America, seeking to learn what they knew about Merrill's financial condition and the...
Lawyers in Discussions to Extend Cobell Deadline
Lawyers are "in discussion regarding possibly extending the deadline" to finalize a $1.41 billion settlement in long-running Indian trust litigation, a lawyer for lead plaintiff Elouise Cobell confirmed...
SEC and BofA Try to Convince Judge to Approve Settlement
Bank of America Corp (BAC.N) and the top U.S. securities regulator sought to persuade a judge to approve their $33 million settlement of a civil lawsuit over the lack of disclosure of billions of dollars of bonuses at Merrill Lynch & Co...
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LINA Insurance alleging violations of disability insurance claims.








