Search for: "Bank of America Home Loans"
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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]
13 Apr 2010, 12:04 pm
Case in point: it is now probable that banking giants Chase, Bank of America, and Wells Fargo may have to set aside an additional $30 billion — yes that’s $30 BILLION — dollars to cover write downs on home equity loans. [read post]
13 Jul 2012, 8:49 am
BofA’s About Face on Global Resolutions In previous posts, we highlighted our concerns related to Bank of America’s “repurchase” demands asserted against residential mortgage loan originators. [read post]
14 Jan 2011, 5:15 am
Allstate maintains that it was misled into believing that the Countrywide securities were safe and that the quality of the home loans that the securities were based on was high. [read post]
7 Jun 2010, 10:39 am
The money will go to the 200,000 homeowners who had mortgages before the 2008 sale to Bank of America. [read post]
22 Apr 2009, 5:01 pm
Bank of America has changed its rules on short sales in an attempt to avoid financial losses on foreclosed homes. [read post]
3 Feb 2012, 10:17 am
Desoer, who served as a point person for the bank amid fierce criticism of its foreclosure practices, is retiring. [read post]
29 Aug 2011, 8:44 am
So, the country's national bank was giving out loans to banks, who, in turn, have pummeled the average homeowner. [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]
6 Oct 2010, 10:02 am
Bank of America filed a foreclosure action, seeking the foreclosure of a "prime/traditional/conventional loan," but asserted that a pre-foreclosure notice was sent to the home-owner in compliance with the rules governing subprime loans. [read post]
12 Feb 2010, 6:00 am
Vince K. also had a home loan through Bank of America, and he couldn't pay for it after he lost his job, so he arranged a short sale. [read post]
21 Jul 2013, 5:38 pm
It can be frustrating dealing with major lenders such as Wells Fargo, Chase, Bank of America, US Bank and others who seem to conveniently lose paperwork and drag out the loan modification process for several months if not longer to only deny the borrower a loan modification. [read post]
11 Jan 2012, 6:25 am
Bank of America mortgage customers who are experiencing financial hardship will have the opportunity to meet with home loan specialists, who can review their mortgage and discuss available options. [read post]
3 Dec 2013, 5:00 am
Whitaker of Bank of America told him the May 5, 2011 letter was sent in error and he had been approved for a loan modification. [read post]
25 Mar 2010, 10:36 am
The Tennessean is reporting today that Bank of America is pledging to help certain struggling homeowners avoid foreclosure. [read post]
21 Dec 2010, 1:54 pm
” In a statement released by the office of Arizona’s Attorney General, Goddard explained that instead of working to modify loans in a timely basis, Bank of America went ahead and foreclosed on homes while the borrowers were awaiting a decision on their application for such a modification, and that violates a 2009 agreement with the state to help people who were at risk of losing homes. [read post]
24 Oct 2012, 11:08 am
Sues BofA Over Mortgage Sales, The Wall Street Journal, October 25, 2012 More Blog Posts: Ex-Bank of America Employee Pleads Guilty to Mortgage Fraud Scam Using Stolen Identities to Buy Homes Not For Sale, Institutional Investor Securities Blog, August 30, 2011 Bank of America to Pay $335M to Countrywide Financial Corp. [read post]
12 Feb 2010, 6:00 am
Vince K. also had a home loan through Bank of America, and he couldn't pay for it after he lost his job, so he arranged a short sale. [read post]
17 May 2012, 3:46 am
Across the country and in Florida, Bank of America itself (BofA) is putting money on the table to help homeowners and encourage them to short sale their home. [read post]
7 Sep 2012, 6:00 am
Banks, the media, and the government have instilled in mainstream America a false perception of the success and potential of pursuing a home loan modification as a means of avoiding foreclosure. [read post]
