Bloomberg – By Hugh Son Bank of America Corp. fell in New York trading after the lender posted a surprise loss driven by $6 billion of costs tied to mortgage disputes. The…» Read More
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The Des Moines Register – By Victor Epstein The largest U.S. mortgage lender and servicer announced Wednesday that it’s laying off another 323 employees nationwide, including 30 in the Des Moines area….» Read More
StarTribune – By Jennifer Bjorhus Mortgages are weighing heavily on both U.S. Bancorp and larger rival Bank of America Corp., although for very different reasons. Bank of America swung to a loss…» Read More