Search for: "Bank of America Mortgage"
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18 Apr 2012, 8:29 am
Bank of America failed to even appear for the evidentiary hearing regarding this matter. [read post]
9 Aug 2012, 3:00 pm
The settlement involves country’s five largest loan servicers: ALLY/GMAC, BANK OF AMERICA, CITI, JP MORGAN CHASE AND WELLS FARGO. [read post]
25 Aug 2010, 10:16 pm
For instance, Bank of America has modified 665,000 mortgages since January 2008 - that's almost ten times the amount of mortgages deemed eligible for Making Home Affordable. [read post]
1 Oct 2010, 8:03 am
Bank of America acquired all of Countrywide's assets through an all-stock merger on JuJordan E. [read post]
21 Aug 2014, 4:35 pm
“Attorney General Eric Holder and Associate Attorney General Tony West announced today that the Department of Justice has reached a $16.65 billion settlement with Bank of America Corporation – the largest civil settlement with a single entity in American history ¬— to resolve federal and state claims against Bank of America and its former and current subsidiaries, including Countrywide Financial Corporation and Merrill Lynch. [read post]
12 Apr 2011, 12:27 pm
These are just a few actual examples of the problems being experienced by homeowners across America in the midst of robo-signing of foreclosure court filings and the apparent complete breakdown of communication between banks and their "servicers" In the real estate boon, more than ever before, banks and mortgage institutions engaged in the securing of mortgages only to bundle large numbers of individual mortgages together and sell them… [read post]
12 Apr 2011, 12:27 pm
These are just a few actual examples of the problems being experienced by homeowners across America in the midst of robo-signing of foreclosure court filings and the apparent complete breakdown of communication between banks and their "servicers" In the real estate boon, more than ever before, banks and mortgage institutions engaged in the securing of mortgages only to bundle large numbers of individual mortgages together and sell them… [read post]
27 Apr 2015, 11:16 am
Prudential had alleged that Bank of America and Merrill Lynch made false statements about the quality of $2.1 billion worth of residential mortgage backed securities they sold to Prudential. [read post]
30 Aug 2011, 8:15 am
Venedie Roberto Valencia, 27, North Hollywood, California, who worked at Bank of America at the time of the offense, was sentenced to 15 months in federal prison for his role in a mortgage fraud scheme in which the schemers used stolen identities to "purchase" homes that were not for sale. [read post]
17 Oct 2010, 11:49 pm
Foreclosure is already a slow process, but the decision by lenders such as Bank of America Corp. and J.P. [read post]
10 Dec 2010, 8:28 am
Dear Readers:Today, Barbara Desoer, president of Bank of America announced that the moratorium on foreclosures by Bank of America is at an end. [read post]
9 Feb 2012, 10:27 am
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]
18 Feb 2011, 1:13 am
Brenneman Jr. admitting that he defrauded Bank of America by recruiting "straw buyers" to apply for a mortgage loan for a home that he himself intended to occupy, and inflated the value of that home in order to increase the amount of the loan. [read post]
27 Feb 2019, 7:40 am
The defendants in the case include JP Morgan (JPM), Bank of America (BAC), Citigroup (C), Barclays Bank (BARC), Deutsche Bank (DB), Credit Suisse (CS), UBS (UBS), Merrill Lynch, BNP Paribas Securities Corp., FTN Financial Securities, Goldman Sachs (GS), and First Tennessee Bank. [read post]
20 Mar 2012, 6:04 am
Bank of America has even agreed to provide greater principal reductions below the 120% LTV mandated under the agreement. [read post]
10 Oct 2007, 1:35 pm
When America sneezes, the rest of us catch a cold.So, I guess many mediators around the globe are working out how to get involved in the unfolding drama of the mortgage melt down.In my neighbourhood we have had 9 financial institutions go to the wall in the last 6 weeks. [read post]
12 Jan 2015, 12:52 pm
Bank N.A. and Bank of America N.A., in their capacity as trustees for 99 RMBS trusts. [read post]
22 Jul 2014, 7:32 am
Kevin Lauricella, 29, Thousand Oaks, California, a former Bank of America employee was sentenced to 30 months in federal prison for taking more than $1.2 million in bribes to approve artificially low-price short sales of properties on which the bank held mortgages. [read post]
19 Jul 2017, 3:43 pm
According to court records, Padula had a mortgage on his Port Charlotte, Florida home of approximately $1.5 million with Bank of America (BoA). [read post]
6 Jul 2010, 4:25 am
If a bank, such as Bank of America, suspects that the borrower simply walked away from the mortgage despite having the financial capacity to pay, the bank will likely have an increased incentive to pursue the borrower and seek recovery of the deficiency by way of a deficiency judgment. [read post]
