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11 Mar 2011, 8:11 am by Bankruptcy Legal Group
Federal and state regulators recently stated that many banks and mortgage lenders could expect to be fined for their inaccurate and messy home foreclosure practices. [read post]
1 Jul 2013, 7:56 pm by Ray Garcia
According to the affidavits the Bank of America employees stated “We were told to lie to customers,” said Simone Gordon, who worked in the bank’s loss mitigation department until about February 2012. [read post]
27 Oct 2016, 7:01 am by Marin Dell
This is the third in a four blog post series spotlighting  http://www.bna.com/ Towards the bottom of the home page of Banking Report a Table of Contents can be found. [read post]
28 Mar 2016, 4:33 am by Jim Slaughter
” That’s where a bank starts the foreclosure process on a property and the owner moves out, but then the bank doesn’t complete the foreclosure (no state law requires banks to complete foreclosure within a timeframe). [read post]
28 Mar 2016, 12:00 am by Jim Slaughter
” That’s where a bank starts the foreclosure process on a property and the owner moves out, but then the bank doesn’t complete the foreclosure (no state law requires banks to complete foreclosure within a timeframe). [read post]
12 Feb 2012, 11:49 am by Sidney Diamond
  This settlement has been trumpeted by the states, the banks, the media and even the president of the United States. [read post]
23 Nov 2011, 5:30 am
The settlement would preclude states from bringing legal action against the banks that could be costly. [read post]
5 Nov 2011, 5:55 am
Banks are expected to dole out $1,500 to homeowners whose homes were lost to foreclosure. [read post]
2 Jul 2013, 8:10 am by Larry Tolchinsky
Florida foreclosures are still making the record books: a new report from RealtyTrac reveals that the State of Florida has more than FIVE times the number of vacant foreclosure homes than the next 5 states in their tally if you added all those states’ vacant home totals together. [read post]
28 Mar 2016, 4:33 am by Jim Slaughter
” That’s where a bank starts the foreclosure process on a property and the owner moves out, but then the bank doesn’t complete the foreclosure (no state law requires banks to complete foreclosure within a timeframe). [read post]
15 Feb 2012, 7:30 am
Banks favour government property subsidiesThe affordability gap in the housing market is expected to be narrowed by changes to government housing subsidies and the commencement of the R1 billion guarantee fund to promote access to home loans for lower-middle-income households.President Jacob Zuma said last week in his State of the Nation address that the guarantee fund, managed by the National Housing Finance Corporation (NHFC), would start its operations in April.From… [read post]
1 Jul 2013, 7:56 pm by rgarcia
According to the affidavits the Bank of America employees stated “We were told to lie to customers,” said Simone Gordon, who worked in the bank’s loss mitigation department until about February 2012. [read post]
4 Nov 2010, 8:49 am
MIAMI, Oct. 28 /PRNewswire/ -- The Ferraro Law Firm, Daniels Kashtan and The Burton Firm filed a Class Action lawsuit yesterday against BAC Home Loans Servicing, LP, a Texas Limited Partnership, a subsidiary of Bank of America Corporation, and successor in interest to Countrywide Home Loans Servicing, LP, a Texas limited partnership; Deutsche Bank National Trust Company, a New York corporation; and U.S. [read post]
1 Jul 2013, 7:56 pm by Ray Garcia
According to the affidavits the Bank of America employees stated “We were told to lie to customers,” said Simone Gordon, who worked in the bank’s loss mitigation department until about February 2012. [read post]
3 Aug 2011, 11:38 am
During a foreclosure, it has led to banks losing the battle because they can't prove who actually owns the home. [read post]
4 Jun 2020, 10:00 pm
The Office of the Comptroller of the Currency (OCC) issued a final rule on May 29 clarifying that when a national bank or national savings association sells, assigns, or otherwise transfers a loan, interest permissible before the transfer (the maximum rate permitted in the bank’s home state) continues to be permissible after the transfer. [read post]
4 Jun 2020, 10:00 pm
The Office of the Comptroller of the Currency (OCC) issued a final rule on May 29 clarifying that when a national bank or national savings association sells, assigns, or otherwise transfers a loan, interest permissible before the transfer (the maximum rate permitted in the bank’s home state) continues to be permissible after the transfer. [read post]
4 Jun 2020, 10:00 pm
The Office of the Comptroller of the Currency (OCC) issued a final rule on May 29 clarifying that when a national bank or national savings association sells, assigns, or otherwise transfers a loan, interest permissible before the transfer (the maximum rate permitted in the bank’s home state) continues to be permissible after the transfer. [read post]