Search for: "BANK OF AMERICA HOME LOAN"
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26 Jan 2012, 6:20 am
BAC Home Loans Servicing, the Bankruptcy Appellate Panel for the First U.S. [read post]
26 Jan 2012, 3:23 am
He had been trying to get his loan modified for a couple of years… been turned down… reapplied, and was told he was under consideration as recently as December 23, 2011… and then Bank of America sold his home on January 3, 2012. [read post]
25 Jan 2012, 11:17 am
" DOJ officials said federal enforcement agencies and state attorneys general are continuing with negotiations to resolve allegations of misconduct-including so-called robosigning-in the home loan servicing market. [read post]
24 Jan 2012, 8:47 am
Her testimony is proof that the financial debacle that went on at Countrywide and later Bank of America (BOA) was directly related to the fraud created by bank managers and workers to push through home loans. [read post]
24 Jan 2012, 5:13 am
From the very beginning it was painfully obvious that the banks didn’t want homeowners to be represented when applying for a loan modification, they wanted the homeowners to show up alone, unknowledgeable, afraid and ashamed. [read post]
23 Jan 2012, 5:03 pm
Your bank explained that a request for postponement went in on the 23rd of December 2011 on a loan which Bank of America agreed to review for HAMP on December 1, 2011 and then you sold the home on January 3, 2012… Brian, are you trying to punish this man? [read post]
22 Jan 2012, 3:53 pm
The last time it happened was more than two years ago, November 2009, when I wrote about it in an article titled: “Why Banks Are Better at Making Loans Than Modifying Them. [read post]
20 Jan 2012, 1:35 pm
Then, in early 2010, Bank of America implemented a HAMP loan modification. [read post]
20 Jan 2012, 7:44 am
Still, in 3½ years under GE’s ownership, WMC issued roughly $110 billion in risky home loans. [read post]
17 Jan 2012, 7:29 pm
Get a new company to assume the debt, pay off Bank of America, and then - having a valid new debt with the second creditor - your payments would be reported correctly. [read post]
17 Jan 2012, 8:29 am
Investors in the so-called agency debt market should favor the bonds of other government-sponsored enterprises such as the Federal Home Loan Banks and Federal Farm Credit Banks because of the risk, That point is particularly cogent – by surcharging Fannie and Freddie, Congress has handicapped them vis-a-vis their peer government-sponsored enterprises (GSEs). [read post]
16 Jan 2012, 10:05 pm
Interestingly it announced during the last day of this same month that while the world's only superpower and largest economy would now get only a AA+ rating, securities backed by sub-prime home loans, the same type of investments that led to the worst financial debacle since the Depression (and one from which we have not yet arguably recovered) would receive its once coveted triple AAA rating...unlike the United States. [read post]
13 Jan 2012, 4:06 am
In contrast, in today’s global economy, lenders have little control over securitized commercial loans that are packaged and sold to investors at home and abroad. [read post]
13 Jan 2012, 12:00 am
The Consumer Financial Protection Bureau (CFPB) started overseeing non-bank companies that offer home loans, payday loans, and student loans to consumers. [read post]
12 Jan 2012, 6:08 pm
Bank of America, which purchased Countrywide after it failed, has agreed to several legal settlements of claims based on this kind of illegal behavior. [read post]
12 Jan 2012, 9:54 am
Among those being investigated were JPMorgan Chase, Bank of America, Citigroup and Wells Fargo. [read post]
12 Jan 2012, 8:01 am
Millions have already lost their homes, and many of these borrowers are victims of fraudulent banking malpractice— from the peddling of loans with hidden costs, to imposing punitive and unjustified fines and fees to foreclosures undertaken without establishing proper ownership of the mortgage. [read post]
11 Jan 2012, 6:25 am
Bank of America mortgage customers who are experiencing financial hardship will have the opportunity to meet with home loan specialists, who can review their mortgage and discuss available options. [read post]
10 Jan 2012, 7:43 am
Independent foreclosure re views let borrowers who faced foreclosure on their primary residences between January 1, 2009 and December 31, 2010 request reviews of their cases if they believe they suffered financial injury as a result of errors in the foreclosure processes of these servicers: America’s Servicing Company, Aurora Loan Services, Bank of America, Beneficial, Chase,Citibank, CitiFinancial, Citi Mortgage, Country-Wide, EMC, EverBank/Everhome,… [read post]
9 Jan 2012, 6:48 am
Throw up a ring of high-rises about your city and you create Paris’s banlieues, the UK’s grim council housing estates, or America’s public housing wastelands, whether Pruitt-Igoe, Robert Taylor Homes, or Cabrini Green. [read post]
