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6 Oct 2011, 9:23 am
With people filling the streets in "Occupy Wall Street" protests, Bank of America planning to charge for debit card usage and foreclosure rates on mortgages still on the rise, the general public has had enough. [read post]
24 Jun 2015, 8:40 am
Supreme Court's ruling in the Bank of America cases. [read post]
27 Feb 2012, 6:14 am
Bank of America said Thursday that it would no longer sell new mortgages to Fannie Mae. [read post]
23 May 2013, 9:06 am
If there is one bankruptcy case that sums up the frustrations of homeowners dealing with mortgage firms and banks, it must the the one recently decided by Bankruptcy Judge Hoffman in Massachusetts. [read post]
25 Aug 2011, 10:37 pm
In Bank of America v. [read post]
29 Mar 2011, 6:43 am
Bank of America said the cases were "hasty. [read post]
10 Nov 2010, 1:45 pm
The Senate Banking Committee has announced that it will hold a hearing on Tuesday November, 16 "to investigate allegations of improper and fraudulent mortgage servicing and foreclosure processing. [read post]
29 Dec 2011, 7:18 am
Seekamp Foreclosure filings by Bank of America, JPMorgan Chase, and Wells Fargo, who, in total, account for about 62% of all first mortgages in the country, jumped more than 21% in the third quarter as was reported recently in the LA Times. [read post]
16 Jun 2011, 3:20 pm
Department of the Treasury announced recently it would withhold incentive payments to Bank of America, J.P. [read post]
9 Feb 2012, 5:44 am
The Top Twelve Reasons Why You Should Hate the Mortgage Settlement As we’ve said before, this settlement is yet another raw demonstration of who wields power in America, and it isn’t you and me. [read post]
3 Jan 2011, 2:27 pm
Bank of America announced today that it has settled its outstanding dispute with Fannie Mae and Freddie Mac stemming from sales of faulty subprime mortgages by Countrywide to the two GSEs. [read post]
6 Mar 2012, 9:00 am
The Settlement Terms The settlement was entered into with the nation's five largest mortgage servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase, and Wells Fargo. [read post]
20 Sep 2014, 10:00 am
Bank of America, 2014 WL 3734578 (S.D. [read post]
3 Mar 2009, 11:16 am
Good Morning America ran a piece recently on a strategy that more and more homeowners are using to prevent foreclosure: Asking banks to produce the note (legal document) that proves they own the debt. [read post]
10 Nov 2011, 11:30 am
AIG and other institutional bond investors, which were not part of a proposed $8.5 billion settlement of Bank of America Corp's mortgage-backed securities liability, complained that the proposed settlement was struck in a “shroud of secrecy. [read post]
21 Dec 2010, 1:33 pm
Reportedly, a federal judge in Oregon recently issued an injunction blocking Bank of America from foreclosing on a borrower’s home, holding that under Oregon law, the borrower was likely to prevail on the argument that the use of MERS had invalidated the mortgage, because MERS owned the mortgage but a bank owned the note. [read post]
26 Aug 2016, 4:00 am
Bank of America, N.A., 247 Cal.App.4th 1110 (May 31, 2016), more than 200 plaintiffs from California and other states brought UCL and other claims against numerous lenders and loan servicers related to the handling of their home mortgages. [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]
17 Nov 2014, 7:16 am
Caulkett and Bank of America v. [read post]
24 Nov 2011, 5:43 am
HMM: Government Stress Tests For Banks May Hurt Recovery. “: Federal regulators have ordered Bank of America and other large banks to undergo stress tests to prove they’re financially sound. [read post]
