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30 Jun 2020, 2:15 pm by Kenneth Duvall and Philip R. Stein
Those concerns mount when one considers how much exposure some of the country’s largest banks have in this type of transaction. [read post]
10 Jun 2020, 4:08 pm by Richard Brunette
Richard Lane filed a Chapter 13 in 2011, listing Bank of America Home Loans as a secured creditor, but noting that he disputed the “real party in interest. [read post]
5 May 2020, 8:00 am by Len Feltoon
There is a concern that banks might foreclose on mortgages. [read post]
1 May 2020, 6:22 am
Federal Court Orders Rare TRO In Favor of Terminated Rep Against Investacorp (BrokeAndBroker.com Blog)Texas Woman Agrees to Plead Guilty to Defrauding Bank of America by Posing as Customers to Make Withdrawals at SoCal Branches (DOJ Release)Emerging Market Economies Diverge as Lockdowns Persist (Bloomberg by Karl Lester M Yap)SEC Provides Temporary, Conditional Relief to Allow Small Businesses to Pursue Expedited Crowdfunding Offerings (SEC Release)Dirt-Cheap U.S. [read post]
1 May 2020, 2:11 am by Shannon O'Hare
KEY POINTS FOR TRADERS Banking licence required if a drawing occurs in France. [read post]
30 Apr 2020, 8:48 am by Barbara S. Mishkin
  According to the report, the Group is noted for its work with banks and non-banks on the full range of consumer finance regulatory matters, including credit cards, mortgage, and auto finance issues. [read post]
10 Apr 2020, 1:59 pm by Sherin and Lodgen
As of April 10, 2020, twelve (12) banks, including Bank of America, Boston Private Bank & Trust Company, Cambridge Trust Company, Century Bank, Citizens Bank, City of Boston Credit Union, Dedham Savings Bank, Eastern Bank, Mortgage Network Inc., Prime Lending, Salem Five Bank, and Santander Bank have agreed to defer at least three (3) months of mortgage payments for residential borrowers… [read post]
3 Apr 2020, 2:30 pm by Sam Turco
Contact Your Mortgage Company: Bank of America Phone: 1-800-669-6607 Cenlar FSB Phone: 1-800-223-6527 Chase Phone: 1-800-848-9380 Freedom Mortgage Phone: 855-690-5900 Lakeview Loan Servicing, LLC Phone: 1-855-294-8564 LoanCare, LLC Phone:800-410-1091 Mr. [read post]
3 Apr 2020, 4:00 am by Kimberly A. Kralowec
Bank of America, N.A.], 243 Cal.App.4th [1293,] 1304 [(2015)] [borrower sufficiently alleged violation of the unfair competition law based, in part, on lender’s false assertion that he failed to provide required documentation].) [read post]
The stakeholders joining the petition are financial services associations including the American Bankers Association (ABA), American Financial Services Association (AFSA), Consumer Bankers Association (CBA), Credit Union National Association (CUNA), Independent Community Bankers of America (ICBA), Mortgage Bankers Association (MBA), and National Association of Federally-Insured Credit Unions (NAFCU). [read post]
31 Mar 2020, 4:31 am by Shannon O'Hare
Once South America’s richest country, Venezuela is now in its sixth year of recession. [read post]
24 Mar 2020, 9:04 am
For example, Bank of America announced that eligible borrowers would have their required mortgage payments suspended, but the institution did not mention a specific timeline. [read post]
17 Mar 2020, 2:19 pm by Kenneth Duvall and Philip R. Stein
” [6] https://www.nytimes.com/2020/03/03/business/economy/fed-rate-cut.html [7] https://www.cnbc.com/2020/03/13/mortgage-rates-jump-back-up-to-january-high-amid-coronavirus-outbreak.html [8] https://www.cnbc.com/2020/03/13/mortgage-rates-jump-back-up-to-january-high-amid-coronavirus-outbreak.html [9] https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html [10]… [read post]
16 Mar 2020, 2:33 pm by Vishnu Kannan
If Trump can put -- or the Fed can president $1.5 trillion into the banking system, we can protect the wages of every worker in America. [read post]
12 Mar 2020, 3:06 pm by Philip R. Stein and Kenneth Duvall
Countrywide (after having been acquired by Bank of America) was among the first to yield, reaching a seminal settlement in 2011 concerning the RMBS trusts that it had sponsored. [read post]
12 Mar 2020, 8:04 am by Victoria Nourse
Deutsche Bank could be the most important legislative power cases in decades. [read post]
14 Feb 2020, 10:00 pm by Joe
If we just take even a cursory glance at the statistics, we see that debt is all too common in America. [read post]
6 Jan 2020, 3:01 am by Walter Olson
Proximate cause principles offer a way to hold the line [Ilya Shapiro, Trevor Burrus, and Sam Spiegelman on Cato amicus in Bank of America v. [read post]