Search for: "Bank of America Mortgage"
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25 Feb 2012, 8:22 am
It’s official: The federal government, 49 of the 50 States (all but Oklahoma, the lone hold-out) and the country’s five leading bank mortgage servicers (none other than household names Bank of America, JP Morgan Chase, Citigroup, Wells Fargo, and Ally Financial) announced a February 9, 2012 settlement with said banks regarding foreclosure misconduct and “robosigning” practices. [read post]
12 Jul 2011, 12:45 am
Bank of America's $8.5 billion proposed settlement over mortgage securities could put tens of thousands of its most troubled borrowers at risk of being evicted even more quickly, The New York Times reports. [read post]
1 Jun 2015, 10:27 am
The petitioner, Bank of America, holds the junior mortgage lien on each of the homes. [read post]
30 Aug 2011, 7:20 pm
Venedie Roberto Valencia, a former Bank of America employee, is now sentenced to 15 months in federal prison for a mortgage scam he was involved in that used stolen identities to buy homes in Southern California that weren’t being sold. [read post]
24 Apr 2010, 9:45 pm
I finally got my own loan modification from Bank of America. [read post]
18 Jul 2010, 9:59 am
On July 9, an investment firm that lost $1.2 billion dollars in mortgage backed securities sued Bank of America, Barclays, Credit Suisse, Bear Stearns (now a part of JP Morgan Chase), Citigroup, Goldman Sachs, Morgan Stanley, UBS and Deutsche Bank, in Massachusetts State Court for fraud for selling securities they knew were doomed to fail due to a lack of underwriting and oversight in the mortgage lending industry. [read post]
17 Nov 2010, 4:01 pm
The four banks are the largest mortgage servicers in the country representing 56 percent of the nation’s $10.64 trillion mortgage industry. [read post]
9 Oct 2010, 7:00 am
Bank of America isn't the first lender to pare back its wholesale mortgage operations. [read post]
12 Nov 2012, 5:00 am
Overview of the Mortgage-to-Lease Program Bank of America is one of the well-known banks discovered to be engaged in what is being called the 'robo-signing scandal'. [read post]
13 May 2011, 4:54 am
Moody's downgraded Bank of America's mortgage service ratings from "strong" to "above average. [read post]
13 May 2015, 6:01 pm
Source: Bank of America and JPMorgan Chase Agree to Erase Debts From Credit Reports After Bankruptcies – NYTimes.com The two banks have agreed to update borrowers’ reports within the next three months to reflect that the debts were canceled. [read post]
13 May 2015, 6:01 pm
Source: Bank of America and JPMorgan Chase Agree to Erase Debts From Credit Reports After Bankruptcies – NYTimes.com The two banks have agreed to update borrowers’ reports within the next three months to reflect that the debts were canceled. [read post]
13 Oct 2011, 6:13 am
" This is not the first time Bank of America has offered incentives for completed short sales but it is the first time the mortgage giant has offered incentives this large. [read post]
12 Oct 2008, 9:27 pm
CNN.Money.com is reporting that Bank of America has announced a plan to cut mortgage payments on loans held by its Countrywide division. [read post]
2 May 2010, 8:48 am
But Bank of America, Wells Fargo and now JPMorgan Chase have only recently joined. [read post]
26 Jun 2011, 2:18 pm
by Peter Miller Following in the steps of Bank of America and Financial Freedom, another huge lender has announced that it will no longer sell reverse mortgages. [read post]
12 Jun 2010, 8:47 am
The settlement requires Bank of America to notify bankrupt borrowers about what they owe on a monthly basis. [read post]
12 Jun 2010, 7:47 am
The allegations were levied against Countrywide Financial Corp., which Bank of America purchased nearly two years ago. [read post]
21 Sep 2012, 9:47 am
The terms of the settlement require Bank of America to pay $1,000, $2,500 or $5,000 to eligible mortgage loan applicants who were asked to provide a letter from their doctor to document the income they received from Social Security Disability Insurance (SSDI). [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]
