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WASHINGTON – Potential flaws in foreclosure documents are threatening to throw the real estate industry into a full-blown crisis, as Bank of America on Friday became the first bank to stop sales of foreclosed homes in all 50 states.The move, along with another decision on foreclosures by PNC Financial Services Inc., adds to growing concerns that mortgage lenders have been evicting homeowners [read post]
9 Feb 2012, 8:00 pm by A. Brian Albritton
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]
22 Jul 2015, 10:32 am by Chip Parker
“Our home loans are frequently shuffled from servicer to servicer with no incentive to treat customers like people. [read post]
18 Nov 2009, 6:25 am by Tom Higgins
Bank of America and Chase Bank will be present to help with loan modifications. [read post]
16 Apr 2012, 10:17 am by admin
The settlement with the nation’s five largest mortgage servicers — Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup Inc., and Ally Financial Inc. [read post]
1 Apr 2020, 3:30 am by Ben Vernia
  FAR is a mortgage lender based in Tulsa, Oklahoma, that acquired Urban Financial Group Inc. in November of 2013 [read post]
23 Aug 2011, 1:20 am
Homesafe America Inc. and its successor corporation, United Solutions Law Firm, are the subject of a court order issued by Justice John M. [read post]
12 Feb 2011, 5:00 am
The top four mortgage servicers are owned by mortgage giants Bank of America Corp., Wells Fargo & Co., J.P. [read post]
15 Mar 2012, 10:20 am by Mark S. Humphreys
The article tells us that Citigroup, Inc. is paying $158 million to settle accusations that it took advantage of a federal mortgage insurance program. [read post]
7 Apr 2013, 5:20 pm by lennyesq
Read the entire Dept of Justice Press Release on the Settlement Here The Justice Department announced today that under its 2011 settlements with BAC Home Loans Servicing LP, a subsidiary of Bank of America Corporation, and Saxon Mortgage Servicing Inc., a subsidiary of Morgan Stanley, 316 service members whose homes were unlawfully foreclosed upon between 2006 and 2010 are due to receive over $39 million in monetary relief for… [read post]
13 Jun 2017, 9:15 am by Larry Tolchinsky
Based in West Palm Beach, Ocwen promotes itself as “one of the leading mortgage servicing companies in America. [read post]
2 Jan 2015, 5:51 am
BREAKING STORYFULL-TEXT Supreme Court and 8th Circuit Opinions OnlineOn February 23, 2007, Larry and Cheryle Jesinoski borrowed $611,000 from Countrywide Home Loans, Inc. pursuant to the refinance of their home mortgage. [read post]
29 Aug 2011, 5:01 pm
Among the institutional investors to benefit from the settlement are BlackRock, Inc., PIMCO, Metlife, Inc., the Federal Reserve Bank of New York, and Goldman Sachs. [read post]
2 May 2012, 2:54 pm
• The settlement covers home mortgages serviced by Bank of America, JPMorgan Chase & Co., Citigroup Inc., Ally Financial lnc. [read post]