United States v. Bank of America

GPTKB entity

Properties (55)
Predicate Object
gptkbp:instanceOf legal case
gptkbp:community_engagement financial accountability
gptkbp:court gptkb:United_States_government
gptkb:Bank_of_America_Corporation
federal court ruling
gptkbp:decidedBy gptkb:United_States_District_Court
gptkbp:filedIn gptkb:Department_of_Justice
gptkbp:filingDate 2014
https://www.w3.org/2000/01/rdf-schema#label United States v. Bank of America
gptkbp:impact consumer protection laws
gptkbp:involves gptkb:Bank_of_America
gptkb:United_States
gptkbp:jurisdiction federal jurisdiction
gptkbp:legal_principle mortgage practices
gptkbp:legal_representation law firms
gptkbp:notableFeature influence on public policy
government oversight
penalties
reforms
consumer relief
$16.65 billion
influence on banking practices
impact on corporate governance
impact on housing market
influence on economic policy
impact on banking ethics
impact on investor confidence
impact on economic recovery
increased scrutiny of banks
impact on financial stability
impact on banking regulations
enhanced consumer protections
financial restitution for consumers
impact on credit markets
impact on financial consumer rights
impact on financial institutions' accountability
impact on future litigation against banks
impact on mortgage lending practices
increased regulatory compliance
influence on banking sector reforms
influence on consumer advocacy
influence on financial legislation
influence on financial literacy initiatives
influence on mortgage regulations
influence on risk management practices
legal accountability for banks
reform of financial industry practices
reform of mortgage servicing practices
restoration of trust in financial institutions
largest_settlement_in_U.S._history
gptkbp:outcome settlement
gptkbp:precedent legal precedent
gptkbp:related_to financial crisis
gptkbp:relatedPatent other bank settlements
gptkbp:year 2014