Bank of America on Monday announced roughly $11.6 billion of settlements with mortgage finance company Fannie Mae and a $1.8 billion sale of collection rights on home loans, in a series of deals meant to help the bank move past its disastrous 2008 purchase of Countrywide Financial Corp. The settlements […]
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Bank of America to pay $3.6 billion to Fannie Mae to settle mortgage claims
Bank of America on Monday announced roughly $11.6 billion of settlements with mortgage finance company Fannie Mae and a $1.8 billion sale of collection rights on home loans, in a series of deals meant to help the bank move past its disastrous 2008 purchase of Countrywide Financial Corp. The settlements […]
Wema Bank Posts N1.814 billion Loss in Q3 2012
By InvestAdvocate Lagos (INVESTADVOCATE)-Wema Bank Plc Friday reported a Profit (Loss) After Tax of N1.814 billion in its Third Quarter (Q3) Report for the Period Ended September 30 2012. This is contained in the Unaudited Third Quarter Report of the Bank released to the Nigerian Stock Exchange (NSE) and made […]
