Nearly five years after swallowing the rancid slab of meat that was Countrywide Financial, Bank of America is still vomiting up hundreds of millions of dollars to settle lawsuits tied to that failed company’s misdeeds. The latest is a $500 million class-action settlement with groups that invested in Countrywide’s radioactive mortgages. [More]
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Worst Company In America Final Death Match: Bank Of America Vs. EA, Part II
This is it. Make no mistake where you are. After weeks of gouged eyeballs, pulverized ribs, countless bruised egos, and one dislocated thumb, the battered bodies of 30 bad businesses are licking their wounds and vowing to fight another year, while your votes have set up an epic rematch of the 2012 Final Death Match. [More]
Worst Company In America Semifinals: Bank Of America Vs. Comcast
Today’s Semifinal Double-Bill kicks off with a pair of former champs (well, sorta) trying to earn a spot in the WCIA Hall of Shfame, which is a combination of Shame and Fame that we just made up. [More]
Meet The Final 4 Contenders For Worst Company In America 2013
After more than two weeks of dismemberment, disembowelment, and all-around good family fun, this year’s Worst Company In America tournament nears its finale, with only four contenders remaining with a chance at claiming the ultimate victory and clutching the Golden Poo. [More]
Bank Of America Introduces ATMs With Live Remote Tellers On Video Screens
Instead of screaming in frustration at an unresponsive machine, Bank of America is introducing the potential for customer to interact with more than just a hunk of machinery by way of its new remote teller video ATMs. And this isn’t some weird computer-generated customer service tool, the ATM will have a live video link for certain transactions. [More]
How Bank Of America Lost All Of My Business Over A $2 Balance Check Fee
As a reader of Consumerist, Shawn knew that he should probably stay away from mega-bank and Worst Company in America 2013 Final Four contender Bank of America. Yet his non-BoA lender of choice sold his mortgage to…well, guess who? He moved his other banking there for the sake of convenience, and that’s when he walked up to an ATM and conducted the fateful transaction. [More]
Worst Company In America Quarterfinals: Bank Of America Vs. Walmart
We’re getting so close to handing out the Golden Poo you can almost taste it. Wait… that doesn’t sound right. [More]
These 8 Remaining Worst Company In America Contenders Sure Are Elite
The madness of March, when 32 bad businesses began pummeling each other mercilessly in an orgy of blood and denied extended warranties, has been refined and honed into the brutal fiery fury of April, as only eight names cling tenuously to their claim to be the Worst Company In America. [More]
Another Day, Another 9-Figure Settlement For Bank Of America
For most companies, a $165 million settlement would be huge news. For Bank of America, it’s like a paper cut on a guy that’s been swimming in the piranha tank all day. Not that we feel any sympathy. [More]
Worst Company In America Round 2: Bank Of America Vs. Chase
It’s time for Banker Battle 2013, as these two Wall Street Warriors take a break from trading toxic securities in order to trade some deadly blows to the head. [More]
Meet Your Worst Company In America Not-So-Sweet 16!
Last week, 32 terrible titans of industry stepped on to the blood-stained mat of WCIA Death-and-Dismemberment Arena, but only 16 remain in this bestial battle royale to take home the treasured Golden Poo. [More]
Worst Company In America Round 1: Bank Of America Vs. Capital One
Your NCAA bracket might already be busted, but how are you doing with your WCIA predictions? Starting off today’s bloodshed is a showdown featuring the tournament’s perennial bridesmaid. [More]
Banks Uncover Additional Wrongful Foreclosures On Military Members
The Servicemembers Civil Relief Act (SCRA) is intended, in part, to help protect active-duty members of the armed forces from having their homes taken away by foreclosure, but as we’ve seen, this hasn’t stopped banks from ignoring the law and taking those houses anyway. Now comes a report that banks have recently uncovered hundreds of additional wrongful foreclosures on the homes of servicemembers. [More]
Bank Of America Charges Customer $4,000 For Protection Plan, Won’t Show Evidence He Ever Signed Up
When you suddenly realize that your bank has been chiseling away at your account with fees for a program you never knew you were enrolled in, you would seem to have every right to demand that the bank prove you agreed to this arrangement. But not if you bank at Bank of America. [More]
Bank Of America Explains Why It Never Assumed Title To Squatter-Filled Foreclosure
Yesterday, we told you about the California man who said he lost his house to foreclosure but who is being held responsible for the squatters who have moved into his former house because Bank of America has yet to assume the title to the property. Today, we bring you the bank’s side of the story. [More]
Foreclosed-Upon Homeowner On The Hook For Squatters Because BofA Won’t Assume Title To House
Homeowner Tries To Get Mortgage Adjustment, Ends Up Owing $14,500 More On Her House
When a retired Michigan homeowner applied for a mortgage adjustment back in 2009, little did she know that it would result in years of ongoing legal wranglings, a sizable increase in the amount of her mortgage and possible eviction. [More]
Bank Of America, Comcast Among Familiar Names In List Of Least Reputable Companies
Once again, the folks at Harris Interactive have released their Reputation Quotient Report, which rates public perception of 60 highly visible companies. Regular readers of Consumerist will not be shocked to see which companies brought up the rear this year. [More]