Linda Young – AHN News Writer New York, NY, United States (AHN) – Bank of America reported a fourth-quarter profit of $2 billion compared with a $1.2 billion loss in the same period in 2010. The nation’s second largest lender said it had a full-year net profit of $1.4 billion compared with a net loss [...]
Posts Tagged ‘risk’
SEC charges former Freddie and Fannie execs with fraud
December 17th, 2011
davidguide Diane Alter – AHN News Reporter Washington, D.C., United States (AHN) – The Securities and Exchange Commission on Friday charged six former executives of Fannie Mae and Freddie Mac with securities fraud for misrepresenting the holdings of their high-risk mortgage loans. Targeted were three former execs of Freddie Mac, including CEO Daniel Mudd, chief risk [...]
Italy Pledges to ‘Intensify Its Reforms’ After S&P Warning
May 21st, 2011
davidguide Italy’s Treasury said it will “intensify” structural changes in the economy and push ahead with measures to balance the budget by 2014 after Standard & Poor’s said its debt rating is at risk of a downgrade. View full post on Business Stories
Obama’s 2% Rate Loan Modification Plan – How it Works & Which Homeowners Qualify
February 19th, 2011
davidguide Obama’s loan modification plan is available for borrowers facing financial hardship and at risk of losing their home. Under this program, your home loan could be revised so that your monthly payment is reduced to an affordable amount. The goal is to keep families in their homes, stop foreclosures and allow the economy to recover. [...]
Alternatives to Foreclosure: What Homeowners Need to Know
February 6th, 2011
davidguide If like thousands of other homeowners in America, you’re at risk for losing your home, you need to educate yourself about what options there are to help you avoid foreclosure. To learn about ways to keep your home, read on… Speak with a Housing Counselor from HUD Certified, HUD-approved counseling agencies are located throughout the [...]
Bad Credit Loans And What You Need To Know To Get One
January 29th, 2011
James Copper This article looks at what bad credit loans are and how you can get one.
Easy Bad Credit Loans – Instantly Available for Bad Creditors
January 16th, 2011
Easy bad credit loans are available with lot of advantages and you can avail for lower interest rate. These loans are helping to fulfill your emergency requirements which does not evaluate your credit history.
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