Search for: "Bank of America Home Loans, Inc."
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7 Jun 2010, 10:45 am
[JURIST] Bank of America (BOA) [official website] subsidiary Countrywide Home Loans, Inc. on Monday reached a $108 million settlement agreement [text, PDF] with the Federal Trade Commission (FTC) [official website] to resolve charges that the subsidiary collected excessive fees from homeowners facing foreclosure. [read post]
30 Jun 2010, 6:16 am
Added Rogers, “No matter what families do, Bank of America is determined to foreclose on these homes. [read post]
15 May 2011, 7:25 pm
If you live in Northern California and you are having problems with Bank of America and your loans, Chapter 13 bankruptcy may be an option for you to keep your home if it is heading into foreclosure. [read post]
19 Feb 2010, 2:29 pm
Morgan Stanley, Goldman Sachs Group Inc., and Countrywide Financial Corp., now a part of Bank of America, are also defendants in other similar suits. [read post]
31 May 2016, 1:54 pm
On May 23, 2016, a three-judge panel of the Second Circuit Court of Appeals overturned a judgment of fraud against Bank of America, Countrywide, and former Countrywide executive Rebecca Mairone in U.S. v Countrywide Home Loans, Inc. [read post]
26 Aug 2016, 4:00 am
Bank of America, N.A., 247 Cal.App.4th 1110 (May 31, 2016), more than 200 plaintiffs from California and other states brought UCL and other claims against numerous lenders and loan servicers related to the handling of their home mortgages. [read post]
2 Feb 2015, 7:01 am
On January 15, 2015, the Federal Home Loan Bank of San Francisco (FHLB) agreed to a $459 million settlement with various banks stemming from the sales of billions of dollars of RMBS. [read post]
12 Jun 2012, 11:55 am
If you live in Northern California and you are having problems with your loan, there may be assistance for you through the $25 billion settlement obtained with Bank of America Corp, JP Morgan Chase & Co., Wells Fargo & Co, Citigroup Inc. and Ally Financial Inc. [read post]
31 May 2016, 1:56 pm
(“Merrill”), Countrywide Home Loans, Inc. [read post]
2 Dec 2011, 10:44 am
Massachusetts Attorney General Martha Coakley filed a lawsuit on December 1, 2011 against JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc., Wells Fargo & Co., and Ally Financial Inc., in state court in Boston. [read post]
13 Apr 2010, 12:04 pm
The four biggest US banks by assets — Bank of America, JPMorgan, Citigroup Inc., and Wells Fargo — hold about 42 percent, or $442 billion of the $1.1 trillion in second-lien mortgage loans, according to Amherst Securities Group. [read post]
15 Nov 2011, 7:38 pm
Imagine his surprise when the next letter he received explained that his package had been deemed incomplete… his permanent loan modification was now denied and Bank of America would be accelerating the foreclosure of his home. [read post]
29 Aug 2011, 8:44 am
Here's a look at the top ten companies in terms of the bailout and how much each company received in loans from the government, according to Bloomberg: Morgan Stanley: $107 Billion Citigroup: $99.5 Billion Bank of America: $91.4 Billion Royal Bank of Scotland Group: $84.5 Billion State Street Corp.: $77.8 Billion USB AG: $77.2 Billion Goldman Sachs Group Inc: $69 Billion JPMorgan Chase & Co.: $68.6 Billion Deutsche Bank AG: $66… [read post]
14 Feb 2012, 1:03 pm
It was in 2006 that Bank of America had about $400 million of commercial loans from small banks. [read post]
9 Feb 2012, 8:00 pm
The $25 billion settlement reached announced today between the federal government and state attorneys general with the five largest mortgage service companies (Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup Inc. and Ally Financial Inc. [read post]
8 Aug 2011, 6:56 am
Countrywide Home Loans, Inc., an Eighth U.S. [read post]
2 Jan 2015, 5:51 am
On March 12, 2010, Bank of America Home Loans (which had acquired Countrywide) replied to the Jesinoksis that it was refusing to acknow... [read post]
22 Jul 2015, 10:32 am
“Our home loans are frequently shuffled from servicer to servicer with no incentive to treat customers like people. [read post]
6 Sep 2016, 2:42 pm
Bank only called one witness, a home loan research officer for the servicer of the loan, JP Morgan Chase Bank, N.A., who “gave confusing testimony about the ownership of the loan,” and no testimony regarding what bank had possession of the note at the time that the foreclosure lawsuit was filed — the bank won. [read post]
17 May 2013, 6:46 am
Over time, this scheme evolved into an agreement to pay the mortgage broker $30,000 for every loan funded by Bank of America that was processed by a particular Bank of America loan officer. [read post]
