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Funny San Francisco Ads - Lofts at One Powell
SF Blogg | July 3rd 2008 by Max Lee
Here’s a funny ad that might confuse you with lofts branded by Bank of America and Forever 21. Lofts at One Powell. Forever 21. Rental condominiums. Ultra cheap fashion haunt favored by the 20-and-under set. via curbedsf bank of america, fash read more
Markets mixed
verysmartinvesting | July 3rd 2008 by Avi
Markets were mixed, really down. Dow is up 74, but don't know how as none of the 30 are up as much as 1 & only 17 are in the green. Decliners are ahead of advancers 2-1, NAZ is about even & S&P 500 is under 1270, but up 5 to 1267. As e read more
Naples Real Estate News 07/01/08
Naples Florida Real Estate Homes | July 2nd 2008 by Glenn Ginsburg
COUNTRYWIDE Florida Attorney General Bill McCollum filed a lawsuit against Countrywide Financial Corp. Monday for misleading and unfair trade practices. “It is unthinkable a company would try to take advantage of someone’s dream of homeow read more
Bank of America Completes Countrywide Purchase
Net News Publisher | July 1st 2008 by Terry
The most-discussed mortgage transaction in industry history is complete, with Bank of America Corp. saying Tuesday morning that it had completed its purchase of mortgage industry giant Countrywide Financial Corp. Cue the memoirs, and the forward-loo read more
July begins with gains
verysmartinvesting | July 1st 2008 by Avi
After markets were down midday, an afternoon rally gave modest gains. Dow ended up 32, but decliners were ahead of advancers 3-2 & NAZ was up 12. There were 626 new lows on NYSE led by: C, JPM, WFC, MER, TXN, AIG, FRE, USB, UBS, HD, & PG (6 o read more
Bank of America Completes Countrywide Financial Purchase
RealEstateFacts.org | July 1st 2008 by RealEstateFacts
Bank of America Corporation today completed its purchase of Countrywide Financial Corp. to create the nation’s leading mortgage originator and servicer. Bank of America will focus on responsible home lending, serving as a reliable source of mor read more
Colonial Style Architecture
The San Diego Real Estate Blog | July 1st 2008 by Gary Glaser
America’s colonial period encompassed a number of housing types and styles, including For more information about Colonial styles, see Cape Cod, Saltbox, Georgian, and Dutch Colonial. However, when we speak of the Colonial style, we read more
Bank of America Listening to HELOC Freeze Appeals
HELOC Basics | July 1st 2008 by Robert
Most home equity lenders claim to have some sort of appeal process for borrowers facing line reductions. According to a Wall Street Journal article, Bank of America is willing to reconsider their HELOC freeze decisions. If the borrower can prove that read more
Bank Of America's Gold Option Credit Line is Fraudulent!
HustleKnockin' | June 30th 2008 by Black Canseco
Five tips for borrowers whose home equity credit line is frozen
Investment Blog | June 29th 2008 by Admin
Freeze tag Five tips for borrowers who find their HELOC has been reduced By Amy Hoak, MarketWatch Last Update: 6/29/2008 3:30:00 PM CHICAGO (MarketWatch) — When Denise Lopez bought two new tables, a floor lamp and a chair recently, her intent w read more
Global Investing Roundups
Jutia Group | June 27th 2008
Report: Toyota Plunking $1 Billion on Brazil Plant; India Housing Boom Ending; GDP Revised Up; Home Sales Rise, Values Fall; Anheuser Busch to Reject InBev Bid; Bank of America Sheds Jobs; Gold Shares Glow; Oshkosh Plunges on Lowered Outlook Toyota M read more
Spotlight Stocks: AIG, Bank of America, Merrill Lynch, Yahoo
Investment Blog | June 27th 2008 by Admin
* American International Group (AIG) said it will take $5 billion in losses of sales of investments from a dozen insurance units hurt by the subprime situation. AIG plans to inject some capital into these subsidiaries, according to Christopher Swift read more
Naples Real Estate News 06/25/08
Naples Florida Real Estate Homes | June 26th 2008 by Glenn Ginsburg
MORTGAGES No downpayment mortgages have largely disappeared as a financing option from private lenders. But they are still available - and growing more popular - using existing Federal Housing Administration programs in conjunction with nonprofit gro read more
Stocks tumble after Federal Reserve meeting
verysmartinvesting | June 26th 2008 by Avi
Stocks tumbled badly after the FED's meeting yesterday. Dow is down 180 (trying to test yearly lows), decliners over advancers 3-1 & NAZ is down 51. Times are tough! The FED issued a statement that didn't say much because there wasn't much to read more
Higher bank stocks fail to lead markets upward!
verysmartinvesting | June 24th 2008 by Avi
Higher bank stocks did not lead the markets forward today. Dow was down 35, decliners over advancers better than 2-1 & NAZ declined 17. There were 406 new lows including many from the banking sector. However banks had a very good day from an read more
Falling consumer confidence hurts stocks
verysmartinvesting | June 24th 2008 by Avi
Falling consumer confidence hurt stocks. Dow is down 61, decliners over advancers 4-1 & NAZ is down 25. Consumer confidence in June fell to the lowest level in 16 years. The number dropped to 50.4, the bottom of the 50-60 range of forecasts. read more
Homes And Foreclosure
The San Diego Real Estate Blog | June 23rd 2008 by Gary Glaser
73,000 homes lost to foreclosure in May California, Nevada and Florida continue to outpace other states in the number of foreclosures as 73,000 more Americans lost their homes in May a 158 percent increase from May 2007. Foreclosure fili read more
Huge Reduction In Credit Card Lines Coming Up
Investment Blog | June 23rd 2008 by Admin
Credit is drying up everywhere. Banks are now concerned (finally), about rising credit card debt. They have every reason to be. The bankruptcy reform act of 2005, which encouraged such reckless lending is now blowing up in lenders’ faces. Banks read more
Did Bank of America write the Dodd bailout bill?
Investment Blog | June 23rd 2008 by Admin
Those following the progress of the Dodd-Shelby mortgage rescue plan in the Senate might want to check out two solid pieces of enterprising reporting on the bill this weekend. First, the Examiner’s Tim Carney reports that the bailout section of read more
S&P cuts Bank of America to sell from hold
Investment Blog | June 20th 2008 by Admin
NEW YORK (MarketWatch) — Standard & Poor’s Equity Research on Friday downgraded shares of Bank of America Corp. to sell from hold amid worries about the mortgage portfolio the bank will inherit when it acquires lender Countrywide Fin read more
Lower stocks on quadruple witching day
verysmartinvesting | June 20th 2008 by Avi
Markets were down on quadruple witching Fri, 4 types of options expire today adding an extra degree of volatility to already volatile markets. Dow is down 145 putting it below the important 12K line, decliners over advancers an impressive 4-1 & read more
Inflation is Winning
Jutia Group | June 20th 2008
Today, we turn to our war correspondents for dispatches from the front lines, and we find an important insight: “Learn to live with inflation,” begins the headline in the Financial Times. The FT refers to England’s central banker, M read more
Stocks are looking for direction
verysmartinvesting | June 19th 2008 by Avi
Stocks were little changed but decliners were ahead of advancers 3-2. Dow is hanging in there just above 12K. Oil is down 2.80 on news that China will raise fuel prices. However Nigeria remains a sore spot for oil. Royal Dutch Shell shut their oi read more
Stagflation worries sink stocks
verysmartinvesting | June 18th 2008 by Avi
Stagflation worries sank stocks. Dow was down 108, decliners ahead of advancers 3-2 & NAZ was down 17 on just 1.1B volume. The ugly word, Stagflation, is back. That refers to a time 30 years ago when the US economy had high unemployment, high read more
Textbook example of banking industry’s greed
King Al's Thoughts of the Day | June 17th 2008 by Albert
A 6-year old boy filled out a credit card application in his own handwriting for a Bank of America credit card, and he was accepted. The bank failed to notice the handwriting, the fact that his income was $0, and that his birthday was in 2002. They a read more
Half Of Wall Street Bank Profits Up In Smoke
Boom2Bust.com | June 16th 2008 by Christopher E. Hill
What a difference a year makes. Louise Story of the New York Times wrote today: Only a year ago, Wall Street reveled in an era of superlatives: record deals, record profit, record pay. But a mere 12 months later, nearly half of the profits that maj read more
Merrill Lynch: One Step Forward, One and a Half Steps Backward
An Investment Banker's Take On Life | June 16th 2008 by Cesar L. Magnaye
I took the liberty of snipping the graph below from the New York Times today because of its highly informative value, which will save you priceless hours of research if you were to develop one from scratch. It shows seven of the largest Wall Street i read more
Wachovia, Bank of America, & PNC are really that popular?
Budgets Are Sexy | June 13th 2008 by budgets are sexy
POOP! What about my USAA? According to all of the wedding checks we got from our friends and family, it only ranks in 5th place :( Turns out most of them prefer Wachovia, Bank of America, and PNC. Oh well, at least we got some extra $$$ to help st read more
Mobile Banking Use Growing Quickly
Mobile Phone Blog | June 13th 2008
Bank of America (NYSE:BAC) announced that it has surpassed one million unique active Mobile Banking customers in just one year since the service was introduced nationwide. "Mobile Banking provides consumers with the convenience of managing their fina read more
C#, ASp.net Reqt. in Countrywide Finance Corporation (CFCI) / Ban…
IT Jobs and Career | June 12th 2008 by Venky Thiriveedhi
CFC INDIA SERVICES PRIVATE LIMITED ,a subsidiary of Countrywide Financial Corporation (NYSE: CFC), provides high quality and specialized business, financial and analytical processing and IT services... For more info on latest job openings and other read more
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