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Bank of America's $17 bln settlement

Date:
August 21, 2014
Source:
Reuters - Business Video Online / Powered by NewsLook.com
Summary:
Bank of America's settlement is by far the largest amount paid by big banks facing mortgage securities probes. Fred Katayama reports. Video provided by Reuters


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last updated on 2014-12-26 at 11:26 am EST

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TheStreet (June 20, 2014) — Buying a home is a glorious occasion but for some it can lead to high blood pressure, suicide and even murder. An American Journal of Public Health study found that foreclosure has likely contributed to a rise in suicide rates. A California Reinvestment Coalition study found that many are experiencing unreasonable delays and are getting the run-around from their mortgage servicers. When banks transfer their loan servicing to third party companies, homeowners are often forced to start over. The worst named are Wells Fargo, Bank of America and non bank servicers Nationstar and Ocwen. Contact the Department of Housing and Urban Development for a listing of approved counselors for help with your mortgage or file a complaint with the Consumer Financial Protection Bureau. Video provided by TheStreet
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How Google's European Search Ads Could Change

How Google's European Search Ads Could Change

Newsy (Feb. 16, 2014) — Google has proposed an antitrust settlement to the European Commission that would grant competing retailers better positioning in its search results. Video provided by Newsy
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US Announces $1.2B Toyota Settlement

US Announces $1.2B Toyota Settlement

AP (Mar. 19, 2014) — The U.S. has reached a $1.2 billion settlement with Toyota Motor Corp., concluding a four-year criminal investigation into the Japanese automaker's disclosure of safety problems. (March 19) Video provided by AP
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Halliburton Reaches $1B Gulf Spill Settlement

Halliburton Reaches $1B Gulf Spill Settlement

AP (Sep. 2, 2014) — Halliburton's agreement to pay more than $1 billion to settle numerous claims involving the 2010 BP oil spill could be a way to diminish years of costly litigation. A federal judge still has to approve the settlement. (Sept. 2) Video provided by AP
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