Thursday, October 25, 2012
The Feds are calling the bank's system 'Hustle' loan fraud. Have you been hustled?
Federal prosecutors are suing Bank of America (BOA) for more than $1 billion in a civil mortgage fraud lawsuit. It was announced Wednesday and the government is accusing the bank of engineering a scheme that defrauded federally-backed mortgage buyers Fannie Mae and Freddie Mac during the national financial crisis in 2008-09. The complaint filed in U.S. District Court in New York accuses the bank of using a loan-origination program called the "Hustle" to process mortgage applications at high speed with little checking for fraud, misstatements or other wrongdoing, according to USA Today. Prosecutors allege the "Hustle" was in operation from at least 2007 through 2009, and BOA inherited it after its 2008 acquisition of Countrywide Financial …
Friday, August 10, 2012
Plus, the City of Florissant needs an additional police officer.
Each week, Hazelwood Patch teams up with neighboring Patch sites to find businesses seeking to fill positions in town and in nearby communities. Here are five opportunities we found this week. Who’s Hiring: Bank of America Who’s Hiring: Blockbuster Who’s Hiring: City of Florissant Who’s Hiring: Dierberg’s Who’s Hiring: Tapestry Solutions Editor’s note: Patch cannot guarantee that these jobs will still be available when you apply. We do not endorse or recommend these jobs. Please do your own research about any potential employer you apply to.
Friday, July 20, 2012
Plus, Maryland Heights' Leslie’s Poolmart hopes to hire a sales associate, and more.
Each week, Hazelwood Patch finds businesses seeking to fill positions in town and in nearby communities. Here are five opportunities we found this week. Who's Hiring:Bank of America Location: Hazelwood Job: Personal Banker Category: Full Time Experience: Minimum one year sales experience and ability to pass personal banker pre-employment assessment. To Apply: Visit the job listing for more information. Who’s Hiring: Leslie’s Poolmart Location: Maryland Heights Job: Sales Associate To Apply: Visit the job listing for more information. Who’s Hiring: Thornhill Branch of the St. Louis County Library Location: St. Louis County Job: Circulation Assistant Category: Full Time To Apply: Visit the job listing for more information. Who’s Hiring…
Sunday, May 13, 2012
Whether you've been a member of the bank for years or a few days. Tell "Patch" readers about your experience at the Hazelwood location.
Have you just had the greatest customer service experience, or worst off, a bad one? Well, here’s your opportunity to let others know. Each week, we’re giving a readers a chance to rate a business in the City of Hazelwood, and to tell others what they’ve experienced. It’s very simple. Just click on the link provided of the business name, and rate it from there. You can write a small review as well as give between one and five stars. This week, we’re putting Bank of America in the hot seat for a review. Tell us what you think about the business? Don't forget that you can always rate and review any business in our business directory. Remember you can like Hazelwood Patch on Facebook at www.facebook.com/HazelwoodPatch. Don't forget to visit…
Wednesday, October 5, 2011
Bank of America will be charging for debit card use, but it's not the only bank doing so. Will it affect how freely you swipe your debit card?
Bank of America recently announced that it will begin to charge its customers a debit card fee. The $5 monthly fee will be charged to clients who use their debit card to shop beginning the early part of 2012. The fee will be charged only if the card is used in that manner, according to a Reuters report. Clients can still use their debit cards to withdraw money from ATMs, pay bills online or mobile phone transfer, according to a Washington Post report which also states that some banks have eliminated free checking or ended rewards programs. This is part of a larger movement by banks and financial institutions to raise fees and increase investment on previously free services, like checking accounts. Many believe this is due to newer …