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14 May 2011, 3:10 pm
The major issue large banks are trying to deal with are issues with their mortgage servicing departments. [read post]
14 May 2011, 3:10 pm
The major issue large banks are trying to deal with are issues with their mortgage servicing departments. [read post]
26 Oct 2008, 9:56 pm
The media reports that Bank of America is using a more generous figure of 34%. [read post]
7 Jun 2009, 10:56 am
Stat 1The S&P Case-Shiller index of home values has fallen to where it was in 2002.Current national savings rate 5.7%, highest since February 1995.Nearly 6% of fixed-rate mortgages to borrowers with good credit were in the foreclosure process according to the Mortgage Bankers Association and 12% of homeowners with a mortgage are behind on their payments or in foreclosure.Stat Source: Bob Leclair's Finance and Markets Newsletter 6.6.2009Stat 2 The… [read post]
6 Jan 2023, 4:06 pm by Kalvis Golde
In 2010, Alex Cantero took out a mortgage with Bank of America to purchase a home in Queens. [read post]
14 Nov 2010, 6:56 am
Even though Wells Fargo has admitted to problems in their foreclosure processes they declined to join other mortgage giants Bank of America and Ally Financial Inc. in suspending foreclosures pending an investigation into and a correction of their practices. [read post]
10 Jun 2015, 10:27 am by DaveKelly
  But most homeowners who have mortgages want to continue paying the mortgage so they can keep their home. [read post]
31 Jan 2012, 6:13 am
Robo-signing, the practice used by many mortgage companies and their attorneys' to falsely sign numerous mortgage documents, may lead to some relief for under-water homeowners in the near future. [read post]
13 Mar 2009, 7:44 am
Treasury’s March 4 announcement also reiterated the Administration’s support for legislation permitting judicial modifications to home mortgages in connection with consumer bankruptcies. [read post]
12 Apr 2016, 7:10 am by Law Offices of Nancy J. Bickford, APC
  For those of you with a mortgage free home – about 30% of America – well done you can stop reading now. [read post]
6 Sep 2011, 11:13 am
Bank of America eventually commenced a foreclosure proceeding against the home securing the mortgages, and thereby caused the Santa Cruz County Recorder's Office to publish defamatory statements concerning Plaintiff in the foreclosure documents. [read post]
9 Jun 2011, 4:09 pm by Philip Bartlett
While it is true that bankruptcy filings were slower in the first half of the year here in Orlando, it is possible these filings may increase as a new wave of decline in home values, or at best a longer than anticipated time before home prices begin to increase again, makes it increasingly untenable for people to remain in their homes or pay exhorbitant principal and interest payments on mortgages that are twice the actual value of their homes. [read post]
9 Jun 2011, 4:09 pm
While it is true that bankruptcy filings were slower in the first half of the year here in Orlando, it is possible these filings may increase as a new wave of decline in home values, or at best a longer than anticipated time before home prices begin to increase again, makes it increasingly untenable for people to remain in their homes or pay exhorbitant principal and interest payments on mortgages that are twice the actual value of their homes. [read post]
12 Jan 2012, 9:54 am
In general, mortgage servicers are allowed to take out insurance policies on homes when borrowers allow coverage to lapse. [read post]