Bank of America Corp. asked a federal judge to reject homeowners’ effort to sue the bank over its failure to modify mortgage loans as a class-action case. The second-biggest U.S. lender by assets today urged U.S. District Judge Rya Zobel in Boston to deny the borrowers’ request to pursue the […]
Tag: Loan
Keystone Bank targets 15% loan book growth in 2013
Press Release The management of Keystone Bank Limited, at the weekend, projected a modest 15 per cent growth in loan book this financial year. The bank also intends to improve in other key financial indicators such as profit and balance sheet. Addressing newsmen in Lagos, chief executive of the bank, […]
Insight: Losses loom for investors enmeshed in mortgage chaos
Since the financial crash, banks have been accused of wrongfully foreclosing on homeowners because they failed to create and maintain proper mortgage paperwork. Now, there are signs that chaotic document management is harming investors in mortgage bonds, too. A review of loan documents, property records and the monthly reports made […]
