Bank of America Corp (NYSE:BAC)‘s stock had its “market perform” rating reiterated by equities research analysts at FBR Capital Markets in a research note issued to investors on Thursday. Bank of America Corp (NYSE:BAC) stock performance was 1.30% in last session and finished the day at $17.20. Traded volume was 62.12million shares in the last…
Bank of America Corp. (NYSE:BAC) reached an accord in which it would pay $9.3 billion over claims that it had fraudulently sold defective mortgage bonds to government-sponsored mortgage buyers Fannie Mae and Freddie Mac. Bank of America Corp (NYSE:BAC) stock performance was -0.18% in last session and finished the day at $16.98. Traded volume was…
Citigroup Inc. (NYSE:C) took many downgrades this past week, based on its denial by the Federal Reserve to raise its dividend and stock buyback plan. A 0.1% yield just isn’t going to cut it, and we pointed out that the CEO handled this atrociously in the lack of communication. Citigroup Inc (NYSE:C) stock performance was…
Today a number of U.S. lenders, including Bank of America Corporation (NYSE:BAC), Chase (NYSE:JPM), Citi Mortgage (NYSE:C) amongst others, lowered mortgage rates on some of their home purchase and refinance loans. Bank of America Corp (NYSE:BAC) stock performance was -0.17% in last session and finished the day at $17.18. Traded volume was 97.57million shares in…
Bank of America (NYSE:BAC) is trading higher after-hours after reporting that it has reached a settlement with the Federal Housing Finance Agency (FHFA) resolving four lawsuits FHFA filed against Bank of America, Countrywide, and Merrill Lynch entities beginning in September 2011, alleging they falsely represented that the underlying mortgage loans complied with certain standards. Per…
Overall, mortgage interest rates remained unchanged today, although at some lenders rates slightly improved following the improvements in bond markets during the day. At Charlotte-based major mortgage provider, Bank of America Corporation (NYSE:BAC), interest rates haven’t seen any changes today, according to our observations. Annual percentage rates, on the other hand, look mixed this Tuesday….
