Search for: "Bank of America Mortgage"
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30 Aug 2007, 4:57 am
The collapse of the subprime mortgage market has claimed the scalp of a senior Royal Bank of Scotland executive in the U.S. and six of his colleagues. [read post]
6 Oct 2008, 6:09 am
Bank of America has agreed to settle a deceptive mortgage practices lawsuit on behalf of its relatively new subsidiary, Countrywide Financial, the notoriously aggressive mortgage lender. [read post]
17 Nov 2014, 6:34 am
" Lawrence Hurley of Reuters reports that "U.S. top court to hear Bank of America cases on second mortgages" and "U.S. [read post]
14 Sep 2011, 7:47 pm
“Bank of America encourages associates to raise issues they see. [read post]
5 Jul 2011, 4:12 am
On June 9th, the Treasury Department announced that three of the nation's largest mortgage servicers, Bank of America, J.P. [read post]
30 Mar 2012, 8:28 am
Alleged victims of the scheme include: BNC Mortgage; Citibank (NYSE: C); CitiMortgage; Countywide Bank (since purchased by Bank of America (NYSE:BAC) ); Countrywide Home Loans; First Franklin Financial Corp.; First Franklin Financial Corp.; First Horizon Home Loans; Homecomings Financial LLC; IndyMac Bank; JP Morgan Chase Bank (NYSE: JPM); Long Beach Mortgage Corp.; Washington Mutual Bank; and Wells Fargo Bank (NYSE:… [read post]
23 Nov 2013, 8:05 am
The court granted their motion and valued the second mortgage at $0, ordering that the Bank of America's claim on the second mortgage be treated as an unsecured claim. [read post]
14 Mar 2012, 11:10 am
Attorney's Office and Bank of America in February. [read post]
25 Jan 2011, 7:24 am
In the debate over whether the mortgage-backed securities of recent years “taste great,” or are “less filling,” it appears that institutional investors and some of the world’s largest insurance companies are now saying that they’re less filling… as in Countrywide and Bank of America neglected to include the mortgage-backed part, and instead sold them empty “securities. [read post]
7 Jun 2010, 3:08 pm
Bank of America) in connection with its mortgage servicing practices. [read post]
8 Nov 2016, 5:20 pm
The transcript in Bank of America Corp. v. [read post]
14 Jan 2013, 2:04 am
From the National Law Journal: Bank of America has agreed to pay $7,500 and update its employee training to settle a claim that it discriminated against a lesbian couple seeking a mortgage—the first such enforcement action by the Department of... [read post]
2 Dec 2008, 8:04 pm
A hedge fund, run by William Frey, has sued Countrywide and its parent, Bank of America, on their agreement with 15 state attorney generals to modify 400,000 mortgages originated and serviced by Countrywide. [read post]
19 Mar 2012, 6:00 am
The settlement was reached with Ally/GMAC, Bank of America, JP Morgan Chase, Wells Fargo, and Citi. [read post]
23 Apr 2015, 10:38 am
Shortly thereafter, however, Defendant Bank sent Plaintiff a letter stating his loan would be serviced by Defendant Loan Servicer and Defendant Bank sent Plaintiff another letter stating it was unable to offer Plaintiff a DIL. [read post]
1 Nov 2010, 3:00 am
As noted, the mortgage crisis goes much deeper than just bank use of robo-signers for documents. [read post]
9 Feb 2012, 9:56 am
After months of disagreement, federal and state authorities reached a settlement today with America’s five largest mortgage lenders for “unsafe and unsound” mortgage practices during the foreclosure crisis. [read post]
2 Jun 2011, 6:05 pm
The New York Times reported that the Justice Department had sued and immediately settled with Saxon Mortgage Services, a subsidiary of Morgan Stanley, and a Bank of America unit that was once Countrywide Home Loans Servicing. [read post]
31 Jan 2007, 11:47 am
Asked about recent reports that Bank of America was in talks that might lead to an acquisition of Countrywide, Bank of America Chief Executive Kenneth Lewis said Wednesday his company would follow a mortgage strategy of “organic growth.” Speaking at a financial-services conference, he also said the odds were “pretty low” that his company [...] [read post]
9 Nov 2016, 4:46 am
Cendant Mortgage Co. [read post]