The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Tag Archives: Fannie

BofA gives up more to struggling Fannie Mae | Bank Earnings Season

in a second settlement that will hurt BofA immediately in the fourth quarter the bank agreed to pay Fannie mae nearly $7 bln for some 32000 mortgages faultily sold to … Continue reading

January 8, 2013

Bank Results Season: (Bank of America) A grinch got the banks this season

December 2010 results pouring in have been harrowing to say the least. Bank of America has started its results day with news of a loss. Excluding $2bn impairment charges, the … Continue reading

January 21, 2011 · 1 Comment