Search for: "Home America Mortgage"
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14 May 2012, 10:49 am
Many new homeowners across America have benefitted exponentially from low sale prices and mortgage rates. [read post]
25 May 2023, 2:05 pm
Consumer Financial Protection Bureau, an industry group composed of the Mortgage Bankers Association (MBA), National Association of Home Builders (NAHB), and National Association of REALTORS® (NAR) has filed a brief as amici curiae cautioning the Supreme Court against a ruling that could call into question all of the CFPB’s regulations.... [read post]
6 Jun 2011, 7:10 am
From WFMY News, out of Collier County, Florida comes this report of true justice.Seems Bank of America filed foreclosure papers on a home that was owned by a couple free and clear - no mortgage, no loan, no debt and certainly no bank mortgage.You'd think the bank could figure that out when they got the court papers from homeowner Maurenn Nyergers' attorney, but no. the bank still went to court and the home owner's won.More than that, the judge then… [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]
4 Jan 2011, 6:15 am
Bank of America is responsible for these fines because it acquired Countrywide Home Loans. [read post]
21 Feb 2012, 9:46 am
Only mortgages with Citi, Bank of America, Ally/GMAC, JP Morgan Chase, and Wells Fargo will qualify. [read post]
16 Nov 2010, 12:10 am
In California's Simi Valley, 4,000 employees of Bank of America handle 50,000 calls a day about mortgages and homes in peril. [read post]
12 Oct 2009, 12:47 pm
Figures for lenders with more than 70,000 potentially eligible borrowers: Saxon Mortgage Services 41% CitiMortgage 33% Aurora Loan Services 33% JP Morgan Chase 27% GMAC Mortgage 26% Wells Fargo 20% Bank of America 11% OneWest Bank 5% Wachovia Mortgage 3% Litton Loan Servicing 2% American Home Mortgage Servicing Background on the Making Home Affordable program, including monthly lender data from July and August, is available on the… [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]
10 Jan 2008, 5:54 pm
But the California firm, which provides one in seven American home loans, is still worth little more than $3bn (£1.53bn) against $26bn a year ago.Neither company would comment yesterday, even after the New York Stock Exchange asked Countrywide if there was any explanation for such an unusual share price movement.Countrywide is widely viewed as one of the main culprits behind America's subprime mortgage crisis. [read post]
15 Oct 2010, 11:40 am
On Friday, Bank of America became the first major US bank to suspend foreclosure sales in all 50 states after questions were raised about whether it and other banks had illegally seized homes without the proper documentation. [read post]
14 Jun 2010, 3:33 pm
Bank of America purchased Countrywide in July 2008 and admitted no wrongdoing on behalf of the company. [read post]
4 Jul 2011, 11:15 am
Borrowers want to stay in their homes. [read post]
24 Aug 2011, 5:40 pm
Stephen Gandel, senior writer over at Time Magazine, discussed the recent news from Bank of America of BOA's plans to donate lots after bulldozing 100 foreclosed Cleveland homes. [read post]
24 Aug 2011, 5:40 pm
Stephen Gandel, senior writer over at Time Magazine, discussed the recent news from Bank of America of BOA's plans to donate lots after bulldozing 100 foreclosed Cleveland homes. [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]
7 Jan 2013, 8:45 pm
It was big news today as the government reached an $8.5 billion settlement to resolve foreclosure abuse issues involving ten major mortgage banks including Bank of America, JPMorgan Chase, Wells Fargo and Citibank. [read post]
22 Nov 2014, 1:02 pm
The key has been to show that the home does not have value over and above the amount owed on the first mortgage. [read post]
15 Jan 2010, 9:00 am
Housing Wire reports that the number of permanent mortgage modifications that the Bank of America has made after a trial loan modifications under the Home Affordable Modification Program ("HAMP") rose from 98 mortgage as of the end of November, 2009 to 3,200 by January, 2010. [read post]
18 Nov 2010, 6:03 am
The losses posted in the mortgage department that I referenced in this article, reflect, that Bank of America took its losses up front. [read post]
