Search for: "Bank of America Mortgage"
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4 Sep 2010, 9:23 pm
” That civil case is still pending, and Bank of America officials declined to comment on that case. [read post]
14 May 2013, 5:00 am
Last week, in a mortgage fraud suit against Bank of America and Countrywide, Judge Rakoff refused to dismiss a novel claim for civil penalties under the obscure Financial Institutions Reform Recovery Enforcement Act (“FIRREA”). [read post]
9 Feb 2012, 8:44 am
By Robert Borosage, cross-posted from Campaign for America's Future The bank settlement of $25 billion over three years from five major banks for robo-signing forgeries is being hailed in Washington and scoured by leading bank critics. [read post]
30 Dec 2014, 12:03 pm
The plaintiff pension funds were certificateholders for twenty‐five of the PSA‐governed New York trusts and one of the SSA‐ and indenture‐governed Delaware trusts.Countrywide Home Loans, Inc. and affiliates, now owned by Bank of America Corporation, originated the residential mortgage loans underlying the 530 trusts at issue and sold them to the trusts. [read post]
15 Apr 2016, 9:00 am
” Bank of America, Docket No. 149599 at p. 12. [read post]
8 Oct 2011, 6:57 pm
[Update 10.9.11: My source on this tells me that he has unconfirmed information that this is an ad for Bank of America's foreclosure review work.] [read post]
19 Mar 2012, 12:22 pm
Further, homeowners with mortgages held by the major lenders such as Bank of America, JP Morgan Chase, Citibank, Wells Fargo and Ally are also covered by the agreement. [read post]
2 Jul 2010, 2:42 pm
If you do bankruptcy work or help people deal with predatory mortgage lending, you should read bankruptcy law expert and consumer advocate Henry Sommer's post over at Credit Slips on unlawful mortgage overcharges. [read post]
11 Dec 2007, 4:01 am
Losses on investments weakened by the deepening housing crisis have forced Bank of America to close a multibillion-dollar high-yield fund, the largest of its kind, after wealthy investors withdrew billions of dollars in assets. [read post]
12 Oct 2009, 12:47 pm
Figures for lenders with more than 70,000 potentially eligible borrowers: Saxon Mortgage Services 41% CitiMortgage 33% Aurora Loan Services 33% JP Morgan Chase 27% GMAC Mortgage 26% Wells Fargo 20% Bank of America 11% OneWest Bank 5% Wachovia Mortgage 3% Litton Loan Servicing 2% American Home Mortgage Servicing Background on the Making Home Affordable program, including monthly lender data from July and August, is available on the… [read post]
20 Feb 2012, 7:40 am
" The biggest of these mortgage fraud cases to date involved Bank of America and Countrywide Financial. [read post]
27 Nov 2013, 1:49 pm
The CFPB just settled an enormous enforcement action against payday lender Cash America. [read post]
25 May 2011, 7:16 am
Readers may remember the case of Countrywide Financial Corp., now a unit of Bank of America, which became an early casualty of the housing crisis because it handed out loans to many borrowers it knew couldn't pay, then securitized the loans to pass on the risk to investors. [read post]
12 Feb 2011, 5:00 am
The top four mortgage servicers are owned by mortgage giants Bank of America Corp., Wells Fargo & Co., J.P. [read post]
19 Oct 2010, 6:59 am
The Obama administration again ruled out a nationwide moratorium on foreclosures Oct. 18 as the nation’s largest mortgage servicer… Read this entire article for free, activate your free 15 day trial access to Banking Report now. [read post]
26 Jun 2013, 12:29 pm
Recently former employees of Bank of America filed declarations in federal court asserting that the venerable bank had instructed them to lie to lull homeowners seeking mortgage adjustments. [read post]
2 Nov 2009, 1:50 pm
A Qualified Written Request (QWR) is a powerful tool when dealing with abusive mortgage servicing companies (Litton Loan, Wells Fargo, Bank of America, etc). [read post]
17 Aug 2009, 6:04 am
Only Bank of America Corp. and Wells Fargo & Co. were larger. [read post]
6 Feb 2012, 12:40 pm
The banks — led by the five biggest mortgage servicers, Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial — want to settle an investigation into abuses set off in 2010 by evidence that they foreclosed on borrowers with only a cursory examination of the relevant documents, a practice known as robo-signing. [read post]
2 Oct 2012, 5:09 pm
The second case cited, Bank of America v. [read post]
