BofA trades hid billions in debt: report

Bank of America told federal regulators that it made six trades from 2007 to early 2009 that led to it hiding billions of dollars of debt. Bank of America made the admission in an April letter to the Securities and Exchange Commission. The bank had acknowledged in its last quarterly report that its accounting for the deals, at quarter-ends from 2007 to 2009, was incorrect. The letter has been posted as a regulatory filing.

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Brian Icenhower on impact of commission lawsuits and low volume 

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2024 Marketing Leaders Leaders award are open now through April 30th, 2024. Click here to nominate someone. The recent commission lawsuits have had a profound impact on real estate agents and brokerages as they face increased scrutiny and […]

3d rendering of a row of luxury townhouses along a street

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