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15 Oct 2010, 6:28 pm by Robbie L. Vaughn, Esq.
Cuomo today announced that he is seeking information from four major mortgage servicers – Bank of America, JP Morgan Chase, Wells Fargo and GMAC Mortgage/Ally – concerning the filing of affidavits that falsely attest the signer has personal knowledge of the facts presented in home foreclosure proceedings, a practice known as “robo-signing. [read post]
26 Aug 2009, 1:01 pm
The ruling means that investors in mortgage-backed securities may go forward with their lawsuit against Countrywide. [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]
2 Sep 2011, 7:36 am by Lovechilde
Nearly one in every four homes is underwater, which means that homeowners owe more for their mortgage than the home is actually worth. [read post]
6 Nov 2010, 10:52 am
The suit, filed on behalf of three Miami-Dade County homeowners, names three major lenders: BAC Home Loans Servicing, a subsidiary of Bank of America; Deutsche Bank National Trust Company, and US Bank National Association. [read post]
12 Dec 2007, 2:03 pm
No doubt you’re using credit card after credit card to do it, especially since your home equity line of credit was washed away with the sub prime mortgage debacle. [read post]
16 Jan 2015, 9:25 am by Allison Tussey
In 2011, McBride attempted to obtain a $387,000 reverse mortgage loan from Bank of America, which was to have been secured by his Edgartown property. [read post]
10 Feb 2012, 9:51 am by Steven Berk
  They need to be indicted if it can be shown they knew of and approved some of the mortgage shenanigans that went on for too long. [read post]
23 Sep 2011, 4:12 pm
CNBC is reporting that Bank of America's foreclosure filing numbers have surged recently, as one of the nation's largest banks again is filing to foreclose on millions of homes. [read post]
2 Jan 2008, 8:14 am
So-called pay-option adjustable-rate mortgages, or option ARMs, were the easiest and most profitable home loans for lenders and brokers to make for much of this decade. [read post]
13 Oct 2005, 2:34 pm
Respondents who reported paying off some credit card debt by refinancing their mortgages reduced their home equity, on average, by $12,000 while retaining average credit card debt of $14,000 -- 18% more debt than homeowners in the survey who had refinanced without paying down credit card debt. -- $8,650 is the average credit card debt of a low- and middle-income indebted household in America. [read post]
6 Dec 2007, 10:27 pm
But get used to this, America, because it's just the beginning. [read post]
25 Jan 2012, 5:15 am
Eight years ago, the Borchers paid their mortgage in full when they sold their house. [read post]
11 May 2011, 11:30 pm by Mandelman
Simply put, he is a man who made hundreds of millions of dollars while the mortgage market fell apart and people lost their homes, dreams, and life savings. [read post]
Department of HUD, Office of the Comptroller of the Currency, the Federal Housing Finance Agency, Bank of America, Ally Financial Inc, JPMorgan Chase, Wells Fargo Home Mortgage Servicing, Citi Mortgage, and MERS.Jordan E. [read post]
7 Nov 2011, 12:53 pm
They include GMAC mortgage, HSBC Finance Corporation, SunTrust mortgage, and EMC Mortgage Corporation, among others. [read post]
25 Mar 2010, 4:17 am by Mandelman
  And five weeks ago, Bank of America, the largest mortgage servicer in the country with three million seconds signed up. [read post]