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6 May 2008, 6:21 pm
Just when you think the mortgage mess can't get any worse, the banks come up with a new idea: They shouldn't have to obey state law when they foreclose on someone's home. [read post]
20 Oct 2010, 6:34 am by On the Net
” Related posts:Senate Shockingly Passes Bill That Could Bail The Banks Out Of Foreclosure-Gate Ally’s GMAC Mortgage Halts Home Evictions in 23 States AZ Attorney Indicts 38 on Mortgage Fraud [read post]
16 Mar 2011, 6:18 am
Bank of America, the nations largest servicer of home mortgages, has declared that it is against writing down the mortgage debt of borrowers whose home are underwater and who have defaulted on their mortgage loans. [read post]
22 May 2015, 6:50 pm by Sabrina I. Pacifici
Federal Home Loan Banks: Collateral Requirements Discourage Some Community Development Financial Institutions from Seeking Membership, GAO-15-352: Published: Apr 23, 2015. [read post]
23 Jun 2023, 8:54 am by Mary Anne Peck
(REUTERS) Multiple States Eye Protections for Home Buyers Who Use Alternative Financing Methods With traditional mortgages becoming out of reach for an increasing number of American homebuyers, lawmakers in at least four states have introduced bills this year addressing consumer protections for alternative home financing arrangements such as rent-to-own agreements, land installment contracts and personal property loans, according to the National Conference of… [read post]
23 Jun 2023, 5:54 am by Mary Anne Peck
(REUTERS) Multiple States Eye Protections for Home Buyers Who Use Alternative Financing Methods With traditional mortgages becoming out of reach for an increasing number of American homebuyers, lawmakers in at least four states have introduced bills this year addressing consumer protections for alternative home financing arrangements such as rent-to-own agreements, land installment contracts and personal property loans, according to the National Conference of… [read post]
The post UK home secretary approves extradition of billionaire jeweler accused of defrauding bank to India appeared first on JURIST - News - Legal News & Commentary. [read post]
21 Dec 2010, 9:31 am by Bankruptcy Legal Group
Source: The New York Times, "Two States Sue Bank of America Over Mortgages," Andrew Martin and Michael Powell, 12/17/2010 [read post]
8 Oct 2010, 8:52 am by WISCONSIN LAW JOURNAL STAFF
Washington (AP) - A mushrooming crisis over potential flaws in foreclosure documents is threatening to throw the real estate industry into chaos, as Bank of America on Friday became the first bank to stop taking back tens of thousands of foreclosed homes in all 50 states. [read post]
17 Oct 2008, 5:15 pm
Banks in the United States can be chartered by the federal government or the state government. [read post]
15 Jan 2013, 3:50 pm by Larry Tolchinsky
Which is what happened this week in Massachusetts, when the highest state court there issued its opinion and ruled for a home owner fighting her bank in the Massachusetts courts over a wrongful foreclosure by the lender. [read post]
25 Feb 2011, 5:23 pm by By NELSON D. SCHWARTZ and ERIC DASH
Bank of America, Citigroup and Wells Fargo are the subjects of state and federal investigations into abusive mortgage practices and how the banks conducted home foreclosures. [read post]
12 Jan 2012, 9:54 am
Because many states are in negotiations with banks to come to a large-scale settlement for the banks' misdeeds, would something like home insurance be covered? [read post]
22 Nov 2011, 4:06 pm by Jennings Strouss & Salmon
“We sincerely appreciate Steve’s many years of service to the Seattle Bank cooperative,” stated Seattle Bank Chairman William V. [read post]
11 Oct 2010, 6:42 am by On the Net
” Related posts:Bank of America Delays Foreclosures in 23 States Ally’s GMAC Mortgage Halts Home Evictions in 23 States Senate Shockingly Passes Bill That Could Bail The Banks Out Of Foreclosure-Gate [read post]