Search for: "Bank of America Mortgage"
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9 Jan 2013, 6:21 am
Coppo reports that short sales are taking merely 60 days to get approval, and Bank of America finally “getting it” by implementing its computerized Equator streamlined short sale system. [read post]
7 Jan 2013, 8:45 pm
It was big news today as the government reached an $8.5 billion settlement to resolve foreclosure abuse issues involving ten major mortgage banks including Bank of America, JPMorgan Chase, Wells Fargo and Citibank. [read post]
7 Jan 2013, 5:30 pm
Finally, Bank of America says it will spend more than $10 billion to settle mortgage claims resulting from the housing meltdown. [read post]
3 Jan 2013, 7:12 pm
From The Oregonian:The settlement, announced in February, sets aside $1.5 billion for direct payments to about 2 million borrowers nationwide whose homes were foreclosed between 2008 and 2011 by one of five participating mortgage servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo. [read post]
2 Jan 2013, 3:17 pm
Defendant: HSBC Bank USA, National Association, EMC Mortgage Services, LLC and John Does 1-10. [read post]
20 Dec 2012, 12:35 am
That collusion strengthens the case of civil litigants in America who are arguing in court that banks worked together to fix prices. [read post]
26 Nov 2012, 6:29 pm
Executives Over Fraud Scheme Can Proceed, Says District Court in Texas, Stockbroker Fraud Blog, November 24, 2012 FDIC Sues Pricewaterhouse Coopers & Crowe Horwath for Over $1B Over Alleged Failure to Detect Large Fraud That Led to Colonial Bank’s Collapse, Institutional Investor Securities Blog, November 20, 2012 FDIC Objects to Bank of America’s Proposed $8.5B Settlement Over Mortgage-Backed Securities, Stockbroker Fraud Blog, August 30, 2011 [read post]
20 Nov 2012, 9:24 am
Banks seem to be more amenable to making deals with their borrowers; consider how friendly Bank of America seems to be these days in helping close short sales. [read post]
19 Nov 2012, 3:36 pm
Under the plan, the settlement would reduce the mortgage payments of as many as 2 million of America's most embattled borrowers. [read post]
18 Nov 2012, 4:24 pm
Lenders are made whole if the mortgages default. [read post]
16 Nov 2012, 7:33 pm
Bank of America’s Senior Vice President Eric Tellijohann is the bank’s executive in charge of implementing the National Mortgage Settlement. [read post]
15 Nov 2012, 2:53 am
The banks and politicians are accomplices. [read post]
13 Nov 2012, 7:49 pm
Bank of America Corp., et al., 12- cv-00361 (U.S. [read post]
13 Nov 2012, 11:19 am
Particularly in places like Miramar, Hallandale, Hollywood, Pembroke Pines, Davie, and Fort Lauderdale, more and more short sales are being offered with mortgage banks coming on board to help get these short sale deals done. [read post]
12 Nov 2012, 5:00 am
Overview of the Mortgage-to-Lease Program Bank of America is one of the well-known banks discovered to be engaged in what is being called the 'robo-signing scandal'. [read post]
11 Nov 2012, 10:56 am
Deutsche Bank Trust Company Americas, Index No. 26841/08 (N.Y. [read post]
6 Nov 2012, 11:11 am
In this past year alone, the Department of Justice has successfully negotiated residential fair lending settlements against Countrywide Financial (now a subsidiary of Bank of America) and Wells Fargo for African American and Hispanic minority borrowers who were steered into subprime mortgages or who paid higher fees and rates than white borrowers because of their race or national origin. [read post]
2 Nov 2012, 10:01 am
So when a person buys a car or a house with a mortgage or a loan, the creditor, usually a bank, requires that the buyer carry insurance on that property. [read post]
1 Nov 2012, 1:21 pm
But I don't think that's necessarily the case because Canada has a higher rate of homeownership than America even though their mortgage market and banks are much more tightly regulated than ours. [read post]
1 Nov 2012, 9:02 am
It was later acquired by Bank of America. [read post]
