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Tag Archives: Bank of New York Mellon

Megabank CEOs Meet With Congress

CEOs of eight of the largest U.S. banks, including Bank of America, CitiGroup, and more, appeared before the House Financial Services Committee to discuss how policies and procedures have changed since the financial crisis.

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Florida Supreme Court Sides with Bank in Foreclosure Fraud Case

After much speculation and anticipation, the Florida Supreme Court gave its answer to a highly-contested question that asks whether a bank could voluntarily dismiss a foreclosure case without consequence if fraudulent foreclosure documents were found and then refile the case at a later time. In the opinion released Thursday for Roman Pino v. the Bank of New York Mellon, the court sided with BKNY Mellon, emphasizing there was no adverse impact on the homeowner as a result of the bank’s voluntary dismissal of the foreclosure case.

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