Search for: "Bank of America Mortgage"
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16 Nov 2012, 7:33 pm
Bank of America’s Senior Vice President Eric Tellijohann is the bank’s executive in charge of implementing the National Mortgage Settlement. [read post]
19 Feb 2013, 12:07 pm
The Big Banks here (i.e., Ally Financial (formerly GMAC); Bank of America; Citibank, JP Morgan Chase, Wells Fargo) aren’t helping people with underwater mortgages in loan modifications, nor are they jumping to modify mortgages for those in distressed circumstances that are asking for mortgage loan modifications. [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]
12 Apr 2012, 1:11 pm
For those of you with a Bank of America mortgage and considering a short sale of your home, keep in mind that this change does not mean the bank will view your short sale proposal more favorably - only that you will not have to wait as long to receive an answer. [read post]
8 Jul 2011, 9:15 am
The banks mentioned, JPMorgan Chase and Bank of America, both took over a lot of nasty mortgages from failed financial institutions (Washington Mutual and Countrywide Financial). [read post]
22 Dec 2011, 6:20 am
[JURIST] The US Department of Justice (DOJ) [official website] announced Wednesday that Bank of America (BOA) [corporate website] has agreed to pay a record $335 million [press release] to settle claims that its subsidiary, Countrywide Financial, discriminated against Hispanic and African-American home buyers. [read post]
7 Dec 2011, 8:12 am
[JURIST] Bank of America (BOA) [corporate website] agreed Monday to pay $315 million in a settlement of claims brought by investors alleging they were misled with respect to mortgage-backed investments. [read post]
7 Jul 2011, 7:02 am
Cochrane July 13th is the tentative date for a settlement date between JP Morgan Chase, Bank of America, and three other US mortgage companies in the resolution of various state and federal claims regarding faulty foreclosures. [read post]
24 Oct 2012, 2:16 pm
Bank of America has been sued by the United States Justice Department for $1 Billion. [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]
2 Apr 2012, 6:15 am
A Colorado resident, Gregory Mackler, turned whistleblower filed a lawsuit against Bank of America claiming that he had firsthand knowledge of wrongdoing by the Bank. [read post]
6 Aug 2011, 6:10 am
Among the many entities that invested in mortgage backed securities is a group of investors that have reportedly requested to be excluded from the $8.5 billion Bank of America settlement announced last week. [read post]
30 Jun 2011, 1:18 am
Moynihan is putting to rest the Countrywide issues he inherited, and is poised to put Bank of America on a new course, Reuters Breakingviews writes. [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]
12 Jan 2015, 7:45 am
In what is being considered a record, landmark case, a former bank executive at Countrywide Financial (now owned by Bank of America Corporation) was awarded $57 million for exposing the presence of fraud in the company’s mortgage practices. [read post]
16 Jun 2011, 6:45 am
The bank alleged that the couple had fallen behind on their mortgage payments and began foreclosure proceedings; but there was a problem, the couple paid cash for the home they bought in 2009! [read post]
7 Sep 2011, 7:47 am
Among those named in the suit were many of the country’s largest banks, including Bank of America, JP Morgan Chase, CitiGroup, and Morgan Stanley. [read post]
24 Mar 2011, 10:00 am
The former Balboa employee, revealed the emails from the company who deals in force-placed insurance coverage on mortgages, working closely with Countrywide Financial and as such, Bank of America, who bought Countrywide a few years ago. [read post]
11 May 2015, 11:07 am
Last August Bank of America agreed to a record $16.7 billion settlement with the Justice Department over their past mortgage practices. [read post]
11 May 2015, 11:07 am
Last August Bank of America agreed to a record $16.7 billion settlement with the Justice Department over their past mortgage practices. [read post]
