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e. Occupy Homes or Occupy Our Homes [1] [2] is part of the Occupy movement which attempts to prevent the foreclosure of people's homes. [1] Protesters delay foreclosures by camping out on the foreclosed property. They also stage protests at the banks responsible for the ongoing foreclosure crisis, sometimes blocking their entrances.
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Bank of America (1904-1998) Bank of America, formerly known as the Bank of Italy, was founded in San Francisco, California, United States, on October 17, 1904, [1] by Amadeo Pietro Giannini. By 1945, it had grown by a branch banking strategy to become the world's largest commercial bank with 493 branches in California and assets totaling $5 ...
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Loan sale. A loan sale is a sale, often by a bank, under contract of all or part of the cash stream from a specific loan, thereby removing the loan from the bank 's balance sheet . Often subprime loans from failed banks in the United States are sold by the Federal Deposit Insurance Corporation (FDIC) in an online auction format through companies.
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