6 results for "DEON ROBERTS"
Bank of America will pay $16.65 billion in a settlement with the U.S. government and various states over soured mortgage bonds, under a landmark pact announced Thursday.
Bank of America's nearly $17 billion settlement with the U.S. Department of Justice over soured mortgage bonds could be announced as early as Thursday, a source familiar with the talks told the Charlotte Observer Wednesday.
As Bank of America prepares for a possible multibillion-dollar settlement with the government, the deal is expected to share a feature common to similar settlements with other banks - a big portion that's tax-deductible as a business expense.
Fifth Third Bancorp's mortgage unit has agreed to pay $1.52 million in a settlement with the U.S. Department of Justice to resolve allegations the Cincinnati-based lender discriminated against home-loan applicants with disabilities.
Bank of America has agreed in principle to pay between $16 billion and $17 billion to settle with the U.S. Justice Department over the sale of faulty mortgage bonds, a person familiar with the talks said Wednesday.
As more of their customers migrate to mobile devices and online, banks are rolling out branches with fewer teller stations and introducing ATMs with video tellers built in.