Bank of America Chief Executive Officer Brian Moynihan will present at
the Goldman Sachs Financial Services Conference in New York on Tuesday,
December 10, at 9:20 a.m. Eastern Time. A live audio webcast will be
accessible through the Bank of America Investor Relations website at http://investor.bankofamerica.com.
Bank of AmericaBank of America is one of the world's largest
financial institutions, serving individual consumers, small- andmore...
Brazil-Auto-Invest and Boletos Collections Latest in New Products
Bank of America Merrill Lynch, a leader in global transaction services,
today announced the launch of new capabilities available to corporate
clients doing business in Brazil. Brazil-Auto-Invest
is a liquidity and investment product that automatically sweeps cash
surpluses of Brazilian Real (BRL) into certificates of deposit (CDBs).
Boletos Collections is a payments solution for the country’s most
widely-used billing method. The solutions helpmore...
Agreement Resolves All Outstanding and Potential Residential Mortgage Representation and Warranties Claims for Loans Sold to Freddie Mac Through the End of 2009
Payments Covered by Existing Reserves as of September 30, 2013
Bank of America today announced an agreement with the Federal Home Loan
Mortgage Corporation (Freddie Mac) to resolve all remaining
representations and warranties claims for residential mortgage loans
sold to Freddie Mac through the end of 2009.
Under terms of the agreement, Bank of America will pay Freddie Mac a
total of $404 million (less credits of $13 million) to resolve all
outstanding and potential mortgage repurchase and make-more...