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18 sie 2022 · So, for instance, Bank of America is listed twice – both as a mortgage servicer and as a bank. Want just the numbers all in one place? See the detailed list here.
- Government-Sponsored Enterprise
ProPublica is still tracking where every dollar of taxpayer...
- Failed Bailout Investments
ProPublica is still tracking where every dollar of taxpayer...
- Government-Sponsored Enterprise
21 lut 2019 · Professor Deborah J. Lucas pegs the cost of the 2008-09 bailouts at $498 billion. According to Lucas, an accurate measure of cost requires taking a fair value approach — one that considers the full range of future gains and losses, and that recognizes the cost of that risk.
31 gru 2021 · The bill allowed the Securities and Exchange Commission (SEC) to suspend the mark-to-market rule, which forced banks to keep their mortgages valued at present-day levels. This meant that bad loans had to be valued at less than their probable true worth and could not have been resold in the panic-stricken climate of 2008.
29 sie 2014 · Last week, Bank of America agreed to pay almost $17 billion dollars in a settlement with the Justice Department. The settlement is about what Bank of America (and Merrill Lynch and Countrywide, which BoA later acquired) disclosed to investors about mortgage-backed securities, not about how it treated homeowners.
Financing to banks for purchases of three-month asset-backed commercial paper from money market mutual funds to promote money market liquidity. Bank of America loan-loss backstop: $97...
16 sty 2009 · WASHINGTON/NEW YORK (Reuters) - Bank of America Corp was rescued by the U.S. government on Friday through a $20 billion bailout and a guarantee for almost $100 billion of potential losses on...
8 paź 2014 · The FIRREA penalty to be paid by Bank of America as part of the settlement also resolves the government’s claims against Bank of America and Countrywide under FIRREA for loans fraudulently sold to Fannie Mae and Freddie Mac.
