Results of the Bank of America/Countrywide settlement for at-risk homeowners
Submitted by ktexas (bestcashcow.com)
Have homeowners been helped by last year's Countrywide settlement?
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Related Tags: Bank of america, Angelo mozilo, Banking industry, Mortgages, Mortgage, Credit crunch, Mortgage meltdown, Countrywide bank, Enron, Subprime, E-loan, Illinois, Bofa, Subprime loans, Real estate, Banking, Wally weitz, Credit-crunch, Money market account, Lawsuit, Loan modification, Savings, Auction rate securities, Online banking, Paul krugman.
Bank of America is offering 1.50% APY on balances from $10,000 to $250,000 on its Introductory Rate Money Market Savings. The rate is guaranteed through 1/04/2010, and at that time, the account...
Have homeowners been helped by last year's Countrywide settlement?
The rate is limited in duration, but seems like a very competitive offer.
My sources say that Bank of America is clearing house just days after Ken Lewis's town hall meeting.
Even as shareholders of Countrywide Corp. gathered in Calabasas to approve the sale of the company to Bank of America, the Attorney Generals of California and Illinois filed lawsuits suing...
Hopefully, this begins a trend that will make Bank of America regret acquiring this company and make Mozilo the next Bernie Ebbers. Bravo to IL's atty general.
Many say this is a horrible deal, but Bank of America seems intent to close this deal. Here's one quote from a Bank of America official that was mentioned in the article: “We understood that...
The latest scare on Wall Street in that Bank of America will act to unilaterally cut the price that they are paying for Countrywide by more than half to $2 a share. The scare has been precipitated...
Bank of America confirmed today that it intends to go ahead with its deal to acquire Countrywide depsite continued losses in the mortgage lenders business. This is good news for depositors....
Only time will tell whether he is guilty of securities fraud. But, the reality is that someone needs to be held responsible and this guy has set himself in the right space for it.
Guess who's helping Bank of America pay for its $4.1 billion purchase of Countrywide Financial? Answer: The taxpayers of the United States. That's because Bank of America, which is solidly...
For everyone that has deposits at Countrywide, Bank of America may be stepping in to take over the company according to the WSJ. Bank of America has already invested 2 billion in the company and...
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Type
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Top APY/Rate
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Institution
|
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2.51%
|
Everbank
|
|
|
0.38%
|
W&R Advisors
|
|
|
1.65%
|
TotalBank
|
|
|
1.65%
|
TotalBank
|
|
|
2.25%
|
Academy Bank
|
|
|
2.25%
|
Flagstar Bank / Academy Bank
|
|
|
2.50%
|
Hudson City Bank
|
|
|
3.00%
|
Flagstar Bank / Hudson City Bank
|
|
3.25% |
FlagStar Bank / Hudson City Bank |
|
|
3.50%
|
Flagstar Bank / Hudson City Bank
|
|
|
3.36%
|
US Treasury
|
|
4.51% |
Bank of the Sierra |
|
|
1.64%
|
Northrop Grumman CU
|
|
|
2.30%
|
Alliant CU
|
|
|
2.55%
|
Alliant CU
|
|
|
3.03%
|
Alliant CU
|
|
|
0.09%
|
Various brokerages
|
|
|
0.14%
|
Various brokerages
|
|
|
0.91%
|
Various brokerages
|
|
|
2.35%
|
Various brokerages
|
|
|
3.47%
|
Various brokerages
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See more product and rate information
Analysis of CD, Savings, and Money Market Rate Trends.