Search for: "Home America Mortgage"
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4 Oct 2010, 6:01 am
Then came the JP Morgan and Bank of America disasters, and we are not done yet. [read post]
15 Jun 2015, 3:18 pm
In a much awaited decision, the United States Supreme Court ruled in favor of Bank of America and held that "underwater" mortgages are not avoidable in a chapter 7 liquidation case. [read post]
16 Jun 2011, 6:45 am
The bank alleged that the couple had fallen behind on their mortgage payments and began foreclosure proceedings; but there was a problem, the couple paid cash for the home they bought in 2009! [read post]
22 Apr 2009, 5:01 pm
Bank of America has changed its rules on short sales in an attempt to avoid financial losses on foreclosed homes. [read post]
1 Apr 2010, 5:00 am
The complaint says that the homeowner told Bank of America, BOA, that he owned the home without a mortgage. [read post]
21 Feb 2008, 10:57 pm
In January, Bank of America Corp. made a $4 billion buyout offer for Countrywide, which could be a much-needed lifeline for the country's largest home lender. [read post]
19 Jan 2010, 8:37 am
Bank of America, for example, has $150 billion in home equity debt, and 50% of it is underwater, or nearly, although most borrowers are still making payments, so far. [read post]
25 Apr 2012, 7:31 pm
Read the SEC's complaint (PDF) Ex-H&R Block Unit Agrees To Pay $28.2 Mln To Settle SEC Charges, The Wall Street Journal, April 24, 2012 More Blog Posts: Residential Mortgage-Backed Securities Working Group Brings Federal Investigators and State Law Enforcement Officials Together to Investigate How MBS Abuses Contributed to 2008 Financial Crisis, Institutional Investor Securities Blog, January 30, 2012 Federal Home Loan Banks Say Countrywide Financial Corp… [read post]
9 Nov 2011, 7:04 am
The fourteen mortgage servicers involved in this process are America's Servicing Co., Aurora Loan Services, Bank of America, Beneficial, Chase, Citibank, CitiFinancial, CitiMortgage, Countrywide, EMC, EverBank/EverHome Mortgage Company, GMAC Mortgage, HFC, HSBC, IndyMac Mortgage Services, MetLife Bank, National City Mortgage, PNC Mortgage, Sovereign Bank, SunTrust Mortgage, U.S. [read post]
13 Nov 2008, 4:10 pm
Other top lenders are seeking to avoid such intervention by the government, including Bank of America Corp., J.P. [read post]
24 Nov 2011, 5:43 am
But the source of their stress is government.” UPDATE: A reader emails: “Is this why my blue chip client with the over 800 credit score took 3+ months to close a BOA mortgage for a home she bought in a blue chip neighborhood in Oakland County, MI? [read post]
21 Nov 2017, 10:19 am
With the national student debt level topping $1.4 trillion, it not only equates to the second highest amount of household debt next to mortgage payments in America, it’s actually an obstacle to new graduates wanting to buy their first home and start a family. [read post]
20 Dec 2011, 11:39 am
They stole homes. [read post]
3 Dec 2019, 3:30 am
Known as the subprime mortgage crisis, it happened because home prices fell in 2006, triggering loan defaults. [read post]
20 Dec 2011, 11:36 am
They stole homes. [read post]
18 Feb 2009, 7:03 am
One part will ease refinancing for people who owe more on their mortgages than their homes are currently worth. [read post]
22 Apr 2015, 7:25 pm
It also documents the income, debt, home-ownership rates, net home equity, and dependency on Social Security for households that experienced a recent death. [read post]
29 Nov 2008, 6:50 pm
Corporate America flocks to bankruptcy courts to do precisely this -- to restructure and reamortize loans whose conditions they find onerous or can no longer meet. [read post]
19 Jul 2011, 9:11 pm
Wells Fargo is the biggest home lender in the country. [read post]
29 May 2012, 9:07 am
For those who don’t know, an RMBS is a type of asset-backed security that consists of large numbers of residential debt instruments such as mortgages, home-equity loans, and subprime mortgages. [read post]
