Search for: "Bank of America Home Loans, The"
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4 Aug 2010, 11:33 am
Alin Negrila of San Antonio Texas recently contacted Bank of America, his lender, to discuss getting a loan modification on his home. [read post]
16 Mar 2011, 6:18 am
Bank of America, the nations largest servicer of home mortgages, has declared that it is against writing down the mortgage debt of borrowers whose home are underwater and who have defaulted on their mortgage loans. [read post]
21 Dec 2010, 9:31 am
The attorneys general for Arizona and Nevada have filed a lawsuit against Bank of America accusing the mega-bank of repeatedly and systematically misleading customers about loan modifications on their home mortgages. [read post]
10 May 2012, 12:53 pm
Bank of America Home Loans, one of the five major banks involved in the settlement, has purportedly been reaching out to customers who may be eligible for forgiveness of a portion of the principal balance on their mortgage under the terms of the settlement. [read post]
18 May 2012, 8:14 am
Bank of America began reducing the principal on some home loans in March, first granting the reductions to homeowners already in a modification review process. [read post]
16 Apr 2014, 5:39 pm
“The Federal Home Loan Bank System (System) is comprised of 12 regional Federal Home Loan Banks (FHLBanks) and the Office of Finance. [read post]
16 Sep 2020, 8:01 am
These policies were in place from 2010 and lasted until Bank of America changed their policy for mortgages in 2016 and for home equity loans in 2017. [read post]
30 Jun 2010, 5:34 pm
Bank of America Corp. has notified 10,000 of their home mortgage borrowers that they are eligible for a new loan forgiveness program. [read post]
18 Aug 2011, 9:35 am
Ron Sturzenegger was tapped to run Bank of America Merrill Lynch's Legacy Asset Servicing division, which includes tens of billions of dollars of mortgage assets and home loans that are delinquent or in default. [read post]
1 Jul 2013, 7:56 pm
Recent news article state that according to sworn testimony by six former employees of Bank of America who explain what they saw behind the scenes while Bank of America was processing loan modification for homeowners allege that that Bank of America routinely denied qualified borrowers an opportunity to modify their loans to more affordable terms and instead placed them in programs that paid cash bonuses to… [read post]
1 Jul 2013, 7:56 pm
Recent news article state that according to sworn testimony by six former employees of Bank of America who explain what they saw behind the scenes while Bank of America was processing loan modification for homeowners allege that that Bank of America routinely denied qualified borrowers an opportunity to modify their loans to more affordable terms and instead placed them in programs that paid cash bonuses to… [read post]
1 Jul 2013, 7:56 pm
Recent news article state that according to sworn testimony by six former employees of Bank of America who explain what they saw behind the scenes while Bank of America was processing loan modification for homeowners allege that that Bank of America routinely denied qualified borrowers an opportunity to modify their loans to more affordable terms and instead placed them in programs that paid cash bonuses to… [read post]
5 Jul 2011, 9:57 am
Well, for many mortgage holders of home loans held by Bank of America and JP Morgan Chase, it just might happen. [read post]
15 Sep 2011, 12:11 pm
According to his tracking, Bank of America sent out over 200% more “notices of default” on home loans than it has in prior months. [read post]
19 Feb 2011, 5:45 am
" The bank also announced that the existing Bank of America Home Loans president will remain in charge of the company's mortgage servicing arm, which services over 12 million mortgages which are current on their payments. [read post]
30 Sep 2022, 5:57 am
Law360 published my column, Time To Rethink The Federal Home Loan Bank System. [read post]
29 Jan 2010, 3:09 pm
Bank of America, by far is, the most despicable bank in its response to loan modification request. [read post]
4 Aug 2014, 7:42 am
Bank of America Ordered to Pay $1.3 Billion for Mortgage Fraud On Wednesday, July 30th, a federal jury ruled that Bank of America would pay $1.27 billion in civil penalties for mortgage fraud and bad home loans sold to Fannie Mae and Freddie Mac, which in part triggered the Great Recession in 2008. [read post]
18 Nov 2010, 6:03 am
Dear Readers: I have a client who works at Bank of America who saw a memo posted around the loan modification department that while loan modifications continue to be processed, they will no longer be continuing foreclosure sales in California. [read post]
4 Nov 2014, 11:41 am
Ever since, Bank of America has improperly servicing consumers' loans for years. [read post]
