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Bank of America's Desoer to retire
Barbara Desoer, president of Bank of America's home loans division and once a CEO candidate, will retire this month, the bank announced Friday.
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BofA’s Desoer Will Retire After Helping Guide Mortgage Overhaul
Bank of America Corp., the second- biggest U.S. lender by assets, said home loans President Barbara Desoer is retiring after aiding a reorganization under co-Chief Operating Officer David Darnell.
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Desoer to retire at Bank of America
Barbara Desoer, president of Bank of America's home loans division and once a CEO candidate, will retire this month, the bank announced Friday.
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Big Banks Expect To Spend Less On Problem Home Loans
* Declining delinquencies spark hope that worst is passing * JPMorgan, Bank of America, Wells Fargo forecast savings * Citigroup wary, watching repeat defaults By Rick Rothacker and David Henry Jan 27 (Reuters) - Even as President Barack Obama is calling for more assistance for struggling mortgage borrowers, major banks are looking forward to spending less to handle problem home loans.
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Analysis: Banks expect to spend less on bad mortgages
(Reuters) - Even as President Barack Obama is calling for more assistance for struggling mortgage borrowers, major banks are looking forward to spending less to handle problem home loans. The chief executives of JPMorgan Chase & Co and Bank of America Corp , the two biggest U.S. banks, said this month their rate of spending to handle troubled mortgages had topped out and should begin to decline ...
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Banks expect to spend less on bad mortgages
REUTERS - Even as President Barack Obama is calling for more assistance for struggling mortgage borrowers, major banks are looking forward to spending less to handle problem home loans. The chief executives of JPMorgan Chase & Co and Bank of America Corp , the two biggest U.S. banks, said this month their rate of spending to handle troubled mortgages had topped out and should begin to decline ...
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Mortgage deal faces setbacks, again
(Reuters) - A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it. States had been given two weeks to assess a proposed settlement, under which top U.S. banks would pay up to $25 billion in exchange for resolving civil ...
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