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13 Mar 2011, 6:41 am by Texas RioGrande Legal Aid
But after Batts lost her job following a knee injury and fell behind on her mortgage in 2009, she says she got the opposite of help when she tried to talk with her loan servicing company, BAC Home Loans Servicing, a subsidiary of Bank of America and one of the largest mortgage loan servicing companies in the nation. [read post]
9 Feb 2012, 10:11 am by Jamie Reese
This agreement is the largest joint federal-state settlement ever obtained and includes mortgage servicers Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup Inc.... [read post]
2 Jun 2013, 3:50 am
Wave Lending Limited is a subsidiary of Bank of America Corporation, has taken down their Part 2 requirements from the CML Handbook The home page for Wave Lending now states: ‘Wave has ceased all mortgage origination activity. [read post]
23 Mar 2012, 7:25 am by Philip R. Stein
Bank of America spokesman Dan Frahm says mortgage investors had previously agreed to give the bank authority to modify loans. [read post]
1 Jun 2022, 11:20 am by Barbara S. Mishkin
We are pleased to report that Ballard Spahr’s Consumer Financial Services Group has once again received the highest national ranking from Chambers USA: America’s Leading Lawyers for Business. [read post]
3 Mar 2023, 6:58 am by jeffreynewmanadmin
Recovery Connection Centers of America has been charged with fraud resulting in millions of dollars paid for addiction treatment services. [read post]
5 Nov 2013, 9:28 am by Rebecca Tushnet
BAC Home Loans Servicing, LP, 2013 WL 5848859, No. [read post]
18 Mar 2010, 7:15 pm by Doug
Ruling in favor of Bank of America Corp’s Merrill Lynch unit, Barclays Plc and Morgan Stanley, U.S. [read post]
In the Texas lawsuit, the court entered an order on July 31 that preliminarily enjoins the CFPB from implementing and enforcing the Rule “pending the Supreme Court’s reversal of [Community Financial Services Association of America Ltd.... [read post]
14 Apr 2010, 2:17 pm by Doug
District Judge Denise Cote, who last month issued an injunction requiring it to wait two or more hours before publishing research from Bank of America Corp’s Merrill Lynch unit, Barclays Plc and Morgan Stanley. [read post]
7 Sep 2011, 2:29 pm
Robo-signed documents are essentially documentation signed by mortgage servicers -- companies hired by banks to help them process and file foreclosures with the court. [read post]
27 May 2011, 5:34 am by David Ingram
DOJ Penalty for BofA: Under an agreement announced by the Justice Department, a Bank of America Corp. unit will pay $20 million to resolve allegations that it wrongfully foreclosed upon active-duty service members, The Charlotte Observer reports. [read post]
15 Oct 2008, 9:35 pm
Rather than focusing on retail banking services, the firm will likely concentrate on managing rich people's assets. [read post]
25 Apr 2011, 10:55 am by Mike Scarcella
Four banksBank of America Corporation, Wells Fargo & Company, Citigroup, Inc. and PNC Financial Services—would each receive about $150 million from the compensation fund payment to invest, the plaintiffs’ lawyers in Keepseagle v. [read post]
1 Jun 2011, 7:29 am by Bankruptcy Legal Group
Both banks have issued public apologies and Bank of America has promised to establish a dedicated unit to handle mortgages belonging to military personnel. [read post]
2 Jul 2011, 2:53 pm
Major mortgage servicers SunTrust, Bank of America, and JPMorgan Chase were just a couple of the servicers to receive the extension. [read post]
9 Feb 2012, 10:27 am by Owen Dunn
Today, federal and state officials announced a $25 billion landmark settlement with the America's five largest mortgage servicers, an agreement that would not be possible without contributions from employees who first exposed the banks' wrongdoing. [read post]
22 Feb 2012, 9:55 pm by Thomas Cockriel
  As part of the settlement, Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial (formerly GMAC) agreed to commit $25 billion to remedy federal and state violations. [read post]
15 Mar 2011, 9:24 pm by Adam Levitin
The local Chambers of Commerce and Rotary Clubs, etc. are filled with the CEOs of community banks and credit unions, not the local branch managers of Bank of America or Citibank. [read post]