Todays World News (@TodaysWorldNews) / Twitter

Showing posts with label Bank of America. Show all posts
Showing posts with label Bank of America. Show all posts

Thursday, June 9, 2011

Tables Turn: Deputies and movers show up at bank to seize property for homeowner

SAN FRANCISCO - JANUARY 20:  The Bank of Ameri...Image by Getty Images via @daylifehttp://www.winknews.com/Local-Florida/2011-06-03/Tables-Turn-Deputies-and-movers-show-up-at-bank-to-seize-property-for-homeowner-
COLLIER COUNTY, Fla. - A bank foreclosure story you've got to see to believe. A Collier County couple turns the tables on Bank of America, the bank that tried to foreclose on their home. Now, the family is foreclosing on the bank! Even bringing trucks and deputies ready to seize property.
The foreclosure nightmare started when Warren and Maureen Nyerges paid cash for a home owned by Bank of American in the Golden Gate Estates. They never had a mortgage whatsoever. But, the bank fouled it up and wound up issuing a foreclosure through their attorney.
The couple took their case to court and after a year and a half nightmare the foreclosure was dropped. A Collier County judge said Bank of America has to pay the couple's $2,534 legal fees for the error. After more than five months the bank still hadn't paid up. So, the homeowners' attorney did just what the bank would do to get their money, legally seize their assets.
"I instructed the deputy to go in and take desks, computers, copiers, filing cabinets, including cash in the drawers," Attorney Todd Allen told WINK News.
Outside the Bank of America on Davis Boulevard, several deputies stood by with movers ready to start hauling out the bank's office supplies and furniture.
Inside, the homeowners' attorney was locked out of the bank manager's office by deputies while the bank manger tried to figure out what to do.
Allen says the manager was visibly shaken, "Having two Sheriff's deputies sitting across your desk, and a lawyer standing behind them, demanding whatever assets are in the bank can be intimidating. But, so is having your home foreclosed on when it wasn't right."

Read more: http://www.winknews.com/Local-Florida/2011-06-03/Tables-Turn-Deputies-and-movers-show-up-at-bank-to-seize-property-for-homeowner-#ixzz1Op0H6tTH


June 6, 2011 11:17 AM

Couple almost forecloses on Bank of America

(CBS News)  Talk about turning the tables on a bank!
Warren and Maureen Nyerges paid cash when they bought a home from Bank of America in the Golden Gate Estates section of Collier, County, Fla., according to CBS affiliate WINK-TV in Ft. Myers.
But that didn't stop Bank of America from trying to foreclose on them.

Read more: http://www.cbsnews.com/stories/2011/06/06/earlyshow/main20069297.shtml#ixzz1Op1W5kRF

Enhanced by Zemanta

Sunday, May 15, 2011

End is in sight for roll calls as schools face the future VISA launching ‘digital wallet’ for U.S.

A Citizens Bank debit card with MasterCard Pay...Image via Wikipediahttp://www.independent.ie/education/latest-news/end-is-in-sight-for-roll-calls--as-schools-face-the-future-2641123.html
AN Irish software firm has brought the traditional school attendance register into the computer age.
Two schools have already adopted the latest face-recognition technology to monitor attendance and timekeeping among thousands of pupils, and other schools are planning to introduce the system from September.
Students simply look at a device when they arrive at school and, within seconds, they are scanned, identified and their attendance is registered.
It saves hours of teachers' time recording attendance and 'lates', and provides an at-a-glance record of who's in and who's out.
It also makes it easy to track poor attendance or lateness patterns, which would allow for early intervention to nip a problem in the bud.
And it overcomes the so-called 'buddy punching' problem, where a student can make a false registration by swiping in someone else's card.
Templeogue College in south Dublin has become the first school here to use the system to track attendance and timekeeping among its 700 pupils.
Installed
It has also been installed in Ardscoil Ris, Limerick, in recent weeks and a number of other schools are planning to use it from September.
The Anseo Enterprise system has been created by the Co Kerry software company, Ivertec, specialising in educational products and costs an average of about €15 per pupil.
Face-recognition software is now widely used as an ID system, but this is the first time it has been adopted by schools in this country.

VISA launching ‘digital wallet’ for U.S. banks

NEW YORK (Reuters) - Visa Inc, the world's largest credit and debit card processing network, is building a digital wallet that people can use to pay for things online or with their phones instead of with traditional cards.
The network said on Wednesday it is working with several large U.S. and international banks to develop the wallet. Its partners include US Bancorp, PNC Financial Services, Regions Financial, BB&T Corp, Toronto Dominion's TD Bank and the U.S. arm of Barclays PLC.
The "digital wallet" will store the banks' customers' credit and debit card account information, both for Visa cards and other cards. People can use the wallet to pay for things online or in stores, Visa said.
The network will also have to convince merchants to put a new "one-click" button on their websites, so that potential customers can use their Visa digital wallets to buy things by clicking the button instead of by manually entering all of their account information every time they want to make an online purchase.
Banks, mobile phone operators and networks like Visa are all trying to gain a foothold in the small but high-potential market for U.S. mobile payments. Last week Isis, a separate mobile payments venture run by three of the top four U.S. carriers, said it had modified its initial goals and was now open to working with Visa and MasterCard as it introduces its own mobile wallet.
Jim McCarthy, Visa's head of global products, told Reuters in an interview on Wednesday that mobile payments in the United States "will more easily take off" from people using their smartphones' browsers to buy things online.
But Visa and its rivals, including MasterCard Inc, American Express Co and Discover Financial Services, are also trying to figure out ways for people to buy things with their phones in physical stores. McCarthy said that a previous, separate Visa pilot to test smartphone payments with Bank of America Corp and other large U.S. banks will be commercially available this summer.
Visa will roll out the digital wallet in the United States and Canada in fall of 2011. McCarthy would not discuss revenue projections
Enhanced by Zemanta

Thursday, March 18, 2010

Barclays and Bank of America see looming oil crunch

clipped from www.telegraph.co.uk


For oil markets, it as if the Great Recession never happened. Surging demand
in China, India and the Middle East is making up for decline in the
debt-crippled West, ensuring another global crunch within three or four
years.

Barclays and Bank of America see looming oil crunch


Bank of America and Barclays Capital, two leading oil traders, have told
clients to brace for crude above $100 (£64) a barrel by next year, before it
pushes relentlessly higher over the decade. This is a stark contrast from
recessions in the 1980s and 1990s, when it took years to work off excess
drilling capacity built in the boom.


"Oil has the potential to flirt with $100 this year. We forecast an
average price of $137 by 2015," said Amrita Sen, an oil expert at
BarCap. The price has doubled to $78 in the last year.

China has overtaken the US as the world's top car market. Mr Blanch expects
oil demand to rise by a further 2.8m barrels per day (bpd) in China and 2.5m
bpd in India by 2015, when two giants will be absorbing the lion's share of
Gulf output.
 blog it

Reblog this post [with Zemanta]

Featured Post

The Truth about the Palestinian and Israeli conflict