The bank announced about 1,000 job cuts across the country – about 900 of which will be from its home lending unit
The California representative is expected to take over the House Financial Services Committee
Bank of America will pay $8.5bn to mortgage bond investors to settle claims that the loans backing securities sold by the bank didn't meet quality standards
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Prosecutors want Bank of America to pay a large fine as punishment “for their culpability and bad faith"
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Pending home sales dropped significantly last month as arctic weather kept many prospective homebuyers indoors
The Consumer Financial Protection Bureau is accusing one of the biggest mortgage originators in the country of orchestrating a mortgage insurance kickback scheme that started as early as 1995