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Bank of America

Bad week for Bubba the Love Sponge; bank says he owes $75K

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Bubba the Love Sponge Clem is not having a good week. In addition to a former girlfriend seeking an injunction for domestic violence, the well-known and controversial Tampa radio shock-jock is being sued by Bank of America over a $75,000 line of credit. The 50-year-old Clem, who owns Bubba Radio Network, Inc., obtained the line of credit in July 2013 from Bank of America for his business, with Bubba Clem personally guaranteeing repayment. According to a suit filed Feb. 24 in…

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Environmental activists rally, march to stop Sabal Trail pipeline

in The Bay and the 'Burg/Top Headlines by

A group of environmental activists gathered in Williams Park across from Duke Energy on Thursday to send a message: Stop the Sabal Trail pipeline. The protest was spearheaded by volunteers from Greenpeace St. Pete and the Sierra Club. The St. Petersburg rally was one of five across the state Thursday. Others were scheduled in Miami, Jacksonville, Tallahassee and Orlando. The 515-mile long pipeline starts in Alabama, crosses Georgia and will end in central Florida. It’s designed to bring natural gas…

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Homeowners denied mortgage reduction program accuse Bank of America of fraud

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Twenty homeowners are suing Bank of America for fraud after the bank denied them a program that would lower mortgage payments. Home Affordable Modification Program (HAMP) was designed to help homeowners affected by the market crash in 2008. The program would reduce monthly mortgage payments to 31 percent of the borrower’s pretax monthly income. Eligibility for the program is based on five factors: — You struggle to make mortgage payments due to financial hardship — You are delinquent or in…

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Florida Bankers’ attacks on credit union plan are pound foolish

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Last week the Florida Bankers Association released a sheet of talking points aimed at coalescing opposition around state Sen. Rene Garcia‘s legislative initiative — SB 1154 —  that would allow credit unions to accept deposits from public sources. The bankers’ document paints the member-owned cooperatives as avaricious monsters feeding at the public trough, though the FBA’s own members — giants like Bank of America, SunTrust, Wells Fargo and J.P. Morgan Chase are represented on their board — currently profit massively off of deposits originating from taxpayers, partly owing…

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Bank of America branch moving to old video store near University Village

in The Bay and the 'Burg by

The Bank of America branch at downtown Bank of America Tower will close when a branch opens two blocks away by the end of the year, a spokesman said. The new branch at Publix shopping center University Village will fill the 5,000-square-foot spot once held by Hollywood Video. The bank will retain office space in the tower, said spokesman Don Vecchiarello. There’s no decision on whether the “Bank of America” name will stay on the building at 200 Central Ave.…

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