NY state senator convicted in foreclosure embezzlement scheme

NY state senator convicted in foreclosure embezzlement scheme

Pay-offs, fraud and bribery marked Democrat senator’s tenure

Weiss Residential: Nearly half of homes in top markets losing value

"Here's where the next housing crash will start"

Small Texas bank winning big fight against CFPB

Court of Appeals upholds bank’s challenge to regulator
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Items Tagged with 'Bank of America'

ARTICLES

Bank of America CFO’s exit reportedly linked to desire to lead company

Citing sources, Reuters reports Bruce Thompson wanted CEO job
Bank of America shocked the market a bit last week, when it announced the departure of Bruce Thompson, the bank’s chief financial officer and chief risk officer, without a great deal of explanation as to why Thompson was leaving. Now, a Reuters report sheds some light onto the supposed reason that Thompson is stepping down.
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Bank of America senior management shakeup continues

Seeking replacement for top lawyer, overseer of $16.5 billion DOJ settlement
The senior management shakeup at Bank of America is continuing. According to multiple reports, Bank of America is interviewing “possible successors” for Gary Lynch, who serves as the bank’s global general counsel.
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Bank of America shakes up senior management

CFO and Chief Risk Officer Bruce Thompson steps down
Despite seeing a $3 billion jump in its net income in the second quarter, Bank of America is shaking up its senior management, replacing Bruce Thompson, the bank’s chief financial officer and chief risk officer, and making other moves.
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Bank of America 2Q net income soars to $5.3 billion

Lower legal expenses, higher mortgage originations drive growth
Bank of America recorded a second-quarter net income of $5.3 billion — more than double that of last year — driven by solid core loan growth, higher mortgage originations and the lowest expenses since 2008.
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Guess how many bank CEOs made Glassdoor’s list of the highest rated CEOs?

Here's a hint…not many
For those who don’t know, Glassdoor is a website where a company’s employees (and former employees) can leave anonymous reviews of the company and tell other employees (or prospective employees) what it’s really like to work there. So how many bank CEOs made the top 50 in Glassdoor’s 2015 list of the highest rated CEOs? Not very many as it turns out.
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From HW Magazine

Low-hanging fruit

Small doc management companies make tempting M&A targets
Every day, a new crop of technology companies works to develop solutions to solve something inefficient in the housing industry. And every day, they have to look over their shoulders.
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