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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]
21 Nov 2014, 12:10 pm by Greene LLP
The $3.1 billion in federal funds recovered following the housing and mortgage crisis includes: $1.85 billion from Bank of America Corporation; $614 million from JPMorgan Chase; $428 million from SunTrust Mortgage Inc.; and $200 million from U.S. [read post]
17 Nov 2014, 7:16 am by Lyle Denniston
The situation in the newly granted cases is that Florida home-owners in Melbourne and Tampa each had first and second mortgages on their properties, and the second mortgages were issued by Bank of America. [read post]
4 Nov 2014, 11:41 am
Bank of America's mortgage servicing is nothing short of oppression for many borrowers, as borrowers undergo years of feeling as if their home could be lost at any moment--despite paying modified payments for years. [read post]
4 Nov 2014, 6:41 am by Chip Parker
Bank of America’s mortgage servicing is nothing short of oppression for many borrowers, as borrowers undergo years of feeling as if their home could be lost at any moment–despite paying modified payments for years. [read post]
10 Oct 2014, 7:40 am by MBettman
Case Background In December of 2002, George and Bridget Kuchta signed a note and mortgage with Wells Fargo Home Mortgage, Inc. [read post]
7 Oct 2014, 9:40 am by Cathy Moran
The federal Housing and Urban Development Department (HUD) certifies agencies to help consumers with foreclosure prevention, loan modification, reverse mortgages and other complications that come with home ownership. [read post]
5 Oct 2014, 11:13 am by Ray Garcia
If you’re in danger of losing your home to foreclosure, a loan modification may be your last hope of saving it. [read post]
4 Oct 2014, 1:02 am by Ben Vernia
Nursing home and home health cases appear to be rising, as do medical device recoveries. [read post]
1 Oct 2014, 7:30 pm by Jordan Bublick
 The mortgage lender in both cases was Bank of America, N.A.In both cases, the second mortgage on the chapter 7 debtor's home was underwater. [read post]
1 Oct 2014, 6:31 pm by John Palley
WITNESS my hand and official seal Notary public in and for said State This communication is from Bank of America, N.A., the servicer of your home loan. [read post]
1 Oct 2014, 6:31 pm by John Palley
WITNESS my hand and official seal Notary public in and for said State This communication is from Bank of America, N.A., the servicer of your home loan. [read post]
19 Sep 2014, 12:00 am
Rowland took $35,000 in 2012, ostensibly to work for Richard Foley’s nursing home chain as a consultant. [read post]
19 Sep 2014, 12:00 am
Rowland took $35,000 in 2012, ostensibly to work for Richard Foley’s nursing home chain as a consultant. [read post]
12 Sep 2014, 12:59 pm
They call the police, and their husband is out of a job, they can’t pay their mortgage, and they and their children are potentially headed for poverty. [read post]
10 Sep 2014, 3:47 am by Paul Caron
Newsweek: A Made-in-America Offshore Tax Haven, by Lynnley Browning: Each month, millions of Americans send a check to Ocwen Financial Corp., a little-known giant in the lucrative if unglamorous business of processing and servicing home mortgages. [read post]
4 Sep 2014, 11:42 am by Lyle Denniston
Countrywide Home Loans — home loan borrower’s right to get out from under a mortgage if the lender violated federal law on disclosure of financial terms Wednesday, November 5 Yates v. [read post]
22 Aug 2014, 1:34 am by Ben Vernia
That relief will take various forms, including principal reduction loan modifications that result in numerous homeowners no longer being underwater on their mortgages and finally having substantial equity in their homes. [read post]
15 Aug 2014, 9:02 pm
A mortgage consists generally of two closely related transactions: 1) the debt: your promise to pay the loan for your purchase of the home; 2) the mortgage: your granting of certain rights over the home to your lender, enabling it to foreclose on the home if you fail to pay the debt according to its terms. [read post]