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22 Apr 2013, 2:43 pm by Fraud Fighters
  Bank of America/Countrywide - $1 billion Bank of America agreed to a $1 billion settlement with the government. [read post]
22 Apr 2013, 11:22 am by Editorial Board
  The district court found that these conditions had been met because one defendant – Bank of America, N.A. [read post]
18 Apr 2013, 5:32 am by Rebecca Tushnet
The notice listed Deutsche Bank as the lender, even though the mortgage wasn’t yet assigned to Deutsche Bank. [read post]
17 Apr 2013, 7:44 am by Kevin LaCroix
 All of the claimants allege that they purchased mortgage-backed securities that had been issued by Countrywide prior to its acquisition by Bank of America, and that the offering documents accompanying the offering contained misrepresentations and omissions about the mortgages underlying the securities. [read post]
16 Apr 2013, 9:01 am by Editorial Board
  FDIC, as the receiver for Colonial Bank, filed suit against Countrywide and Bank of America as its successor for violations of the 1933 Securities Act. [read post]
15 Apr 2013, 9:30 pm by Lauren-Kelly Devine
  For example, analysts reportedly found that Bank of America received nearly 30% of complaints in the database, mostly related to its mortgage practices, prompting the company to release public statements assuring consumers that it is working to address consumer concerns. [read post]
11 Apr 2013, 8:10 pm by Thomas McAvity
The settlement itself will dole out nearly four billion in cash to borrowers whose primary homes were in any stage of foreclosure in 2009 or 2010 and whose mortgages were serviced by Aurora, Bank of America, Citibank, Goldman Sachs, HSBC, JPMorgan Chase, MetLife Bank, Morgan Stanley, PNC, Sovereign, SunTrust, U.S. [read post]
9 Apr 2013, 1:19 pm by Larry Tolchinsky
  First, the Refinance Report gives the numbers for refinanced mortgages in America during one month via FHFA: January 2013. [read post]
7 Apr 2013, 5:20 pm by lennyesq
    Related articles Bank Of America To Pay $36.8 Million To Military Members For Improper Forelosures (thinkprogress.org) CFPB issues more guidance on mortgage servicing for servicemembers(lexingtonlaw.com) Banks Uncover Additional Wrongful Foreclosures On Military Members(consumerist.com) Officials Announce $39M Settlement for Unlawful Foreclosures(defense.gov) To serve and protect big banks (salon.com) Illegal foreclosures against… [read post]
2 Apr 2013, 4:18 pm
When we called Bank of America to inquire, we were told we needed a loan modification. [read post]
29 Mar 2013, 4:00 am by Howard Friedman
Southeastern Pennsylvania Synod of the Evangelical Lutheran Church in America v. [read post]
27 Mar 2013, 1:43 pm by Cathy Holmes
If the regional center is replacing bank debt, the due diligence standards used by the regional center should be similar to those used by a bank. [read post]
27 Mar 2013, 1:43 pm by Cathy Holmes
If the regional center is replacing bank debt, the due diligence standards used by the regional center should be similar to those used by a bank. [read post]
27 Mar 2013, 10:43 am by Katie Porter
Bank of America sent letters to over 100,000 homeowners stating that if the borrower literally did nothing that their second mortgage would be forgiven and released, and the debt reported to credit bureaus paid in full. [read post]
22 Mar 2013, 9:26 am by Alan White
  Bank of America took an average of 59 days to resolve homeowner complaints, well beyond the 30-day limit imposed by the servicer alignment initiative, and as of January 2014, by CFPB mortgage servicing regulations. [read post]
21 Mar 2013, 3:05 pm by Kelly Phillips Erb
” Despite his star status – and selling more than 38.5 million records in the U.S. alone – Kelly’s bank claims that he hasn’t paid the mortgage on his Illinois mansion. [read post]
19 Mar 2013, 7:14 am
Wachovia and Bank of America, among others, have also been reported to have recently reached settlements in excess of $500 million with investors. [read post]
12 Mar 2013, 9:00 am by LindaMBeale
Related articles America's TBTF Bank Subsidy From Taxpayers: $83 Billion Per Year Ending 'Too Big to Fail': A Proposal for Reform 1 Great New Perk for Too-Big-to-Fail Banks Dean Baker: Big Bank Immunity: When Do We Crack Down on Wall Street? [read post]