Tag Archives: Bank Of America

Lack of Mobility Hurts Job Recovery

Page 1 of 2 | Next PageShow Entire Article The hallmark of the American labor market, and consequently the wider economy, has long been the mobility of our work force. From “going West” to “teleworking,” we go where the jobs … Continue reading

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Federal Regulators Hit Banks on Mortgage Practices

Page 1 of 4 | Next PageShow Entire Article It’s not the big penalty from the fifty state attorneys general, but it will hit big bank bottom lines in a big way. The Office of the Comptroller of the Currency, … Continue reading

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More Borrowers Underwater: Why We Should Care

Page 1 of 4 | Next PageShow Entire Article Falling home prices at the turn of the year pushed more borrowers into a negative equity position, meaning they owe more on their mortgages than their homes are worth. In Q4, … Continue reading

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