Search for: "Bank of America Mortgage"
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24 Mar 2008, 3:52 am
Bank of America, the largest U.S. retail bank, may set aside a record $6.5 billion in the first quarter to cover possible future loan losses, including in its mortgage and home equity portfolios, according to a banking analyst. [read post]
10 Jan 2008, 5:54 pm
Bank of America agrees to purchase Countrywide for $4 bilion. [read post]
2 Apr 2015, 1:10 pm
The second case, Bank of America v. [read post]
6 Oct 2008, 11:53 am
-based Bank of America said Monday it will modify troubled mortgages with up to $8.4 billion in interest rate and principal reductions for nearly 400,000 customers of Countrywide, the troubled mortgage lender it acquired last summer. [read post]
23 May 2016, 9:44 pm
Nate Raymond and Jonathan Stempel of Reuters report that "Bank of America $1.27 billion U.S. mortgage penalty is voided. [read post]
3 May 2012, 2:43 pm
Bank of America has lowered its reserves established for payments in response to mortgage buy-back demands. [read post]
28 Apr 2013, 11:25 am
Bank of America simply cannot get it right. [read post]
29 Sep 2011, 3:03 pm
Bank of America has to reduce the number of risky mortgage loans and also find 3rd party companies that can help speed up the process. [read post]
18 Oct 2010, 6:53 am
Bank of America, the lending giant that holds approximately one out of every five mortgages in the nation, issued a statement on Oct. 8 that it is halting foreclosure procedures nationwide until it can review the sufficiency of court documents. [read post]
13 Jul 2011, 1:02 am
Eric Schneiderman, the New York attorney general, has sent letters to BlackRock, Met Life, Pimco, Goldman Sachs and 18 other firms that agreed to the $8.5 billion mortgage settlement offered by Bank of America, asking for information "regarding participation by both your firm and clients," The New York Times reports. [read post]
12 Oct 2012, 1:37 pm
Justices seated on the Ninth Court of Appeals have wiped a lower court’s decision to sanction Bank of America for $300,000 for violating a mortgage settlement agreement with a Beaumont woman. [read post]
28 Apr 2017, 2:12 pm
Appellant Bank of America filed a Complaint and Notice of Lis Pendens against appellee Randel ... [read post]
19 Jul 2012, 8:15 am
[JURIST] Bank of America (BOA) agreed Tuesday to pay $375 million in a settlement with bond insurer Syncora Guarantee [corporate websites; press release] over claims that Syncora was misled into insuring toxic mortgage-backed securities of BOA-owned Countrywide Financial Corporation [NYT backgrounder]. [read post]
1 Dec 2023, 6:31 pm
Lax & Neville LLP has filed a federal lawsuit in the Western District of North Carolina against Bank of America Corporation and Bank of America N.A. [read post]
19 Oct 2010, 8:08 am
” Related posts:Bank of America Delays Foreclosures in 23 States Bank of American Halts Foreclosures in All States Homeowners in Limbo – Mortgage Mess Means Delays for Those Facing Foreclosure [read post]
25 Mar 2011, 6:29 pm
According to the Washington Post media coverage, the emails, which were released by a hacker group that calls itself Anonymous, were related to loans managed by Bank of America and concerned sales of insurance policies forced on mortgage borrowers who didnt have their own policy on their homes, a controversial practice because when mortgage servicers own insurers, there can be a conflict of interest that may create incentives for the mortgage companies to… [read post]
18 Oct 2010, 1:33 pm
Pretty amazing that Bank of America could find and correct 102,000 documents in two short weeks! [read post]
25 Sep 2013, 5:55 am
The trial against Bank of America Corp's Countrywide unit has begun and the prosecutor has stated that the company placed profits over quality in a "massive fraud" selling shoddy mortgages to Fannie Mae and Freddie Mac.The claim came at the start of the first case by the government to go to trial against a major bank over defective mortgage practices leading up to the 2008 financial crisis. [read post]
1 Dec 2014, 9:00 am
Bank of America holds the second mortgage in both cases. [read post]
18 May 2012, 8:14 am
About 19,000 South Florida homeowners with Bank of America mortgages were at least 60 days late. [read post]
