Bank of America executives announced today that they would buy back billions in mortgages that were made with faulty information and poor qualifications. According to the documents filed with the federal court system, Bank of America has agreed to buy back $12.8 billion in bad mortgages that were eventually sold to Freddie Mac and Fannie […]
US based Pew Research Center reported this morning that sales of digital content are on the rise, giving way to a new business model for many companies. Digital content has been around since the dawn of the internet but it never really took hold. Most often people believe that digital content relates only to eBooks […]
H&R Block, the largest income tax preparation company in the US, announced this morning that they have lost the funding partner bank for their popular rapid refund loan service. The H&R Block officials said that the bank that was normally used to offer customers instant tax refund loans has been forced by federal regulators to […]