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20 Oct 2010, 10:07 am
On Monday, the New York Times reported that Bank of America would resume foreclosures in 23 states where such actions had been suspended in recent weeks. [read post]
30 Apr 2009, 9:42 am
Our Stanton mortgage loan modification lawyers can help by negotiating aggressively on your behalf, using any evidence of predatory lending practices as leverage to get the bank's attention fast. [read post]
2 Jun 2013, 3:50 am
Wave Lending Limited is a subsidiary of Bank of America Corporation, has taken down their Part 2 requirements from the CML Handbook The home page for Wave Lending now states: ‘Wave has ceased all mortgage origination activity. [read post]
Feds Announce Record Settlement With Bank Of America, Creating Tax Fund And Potential Tax Deductions
21 Aug 2014, 2:24 pm
Bank of America Corporation (BoAC) will pay $16.65 billion to settle claims against Bank of America and its related parties (including including Countrywide Financial Corporation and Merrill Lynch). [read post]
5 Jul 2012, 11:21 am
The five mortgage lenders agreeing to the settlement were Bank of America, Chase, Citibank, GMAC/Ally, and Wells Fargo. [read post]
29 Oct 2009, 1:39 pm
We often assume the company we make our payments to - Litton Loan, Bank of America, Wachovia, Wells Fargo, etc. actually owns the note. [read post]
23 Jun 2023, 5:54 am
In a speech FDIC Chairman Martin Gruenberg said the trouble in the banking sector this spring, including the failure of three banks, indicated banks of this size pose a risk to the financial system and need greater oversight. [read post]
23 Jun 2023, 8:54 am
In a speech FDIC Chairman Martin Gruenberg said the turmoil in the banking sector this spring, including the failure of three banks, indicated banks of this size pose a risk to the financial system and need greater oversight. [read post]
26 Nov 2007, 6:22 am
Countrywide is the GM and Ford of the mortgage industry, originating $340 billion in loans in the first nine months of the year — more than the mortgage subsidiaries of Bank of America and Citigroup combined. ... [read post]
4 Jun 2015, 3:31 am
In the Supreme Court case of Bank of America, N.A. v. [read post]
4 Jun 2015, 3:31 am
In the Supreme Court case of Bank of America, N.A. v. [read post]
8 Dec 2022, 12:22 pm
Insider quoted me in A Controversial Fix for America’s Housing Market: More Foreclosures. [read post]
25 Oct 2010, 8:41 pm
Apparently, the rest of us have a moral obligation to pay mortgages on underwater real estate, but the Mortgage Bankers Association of America, the professional organization that includes your mortgage lender, doesn’t. [read post]
27 Dec 2013, 5:44 am
One possible target is Bank of America which has stated that the U.S. [read post]
9 Apr 2010, 1:07 pm
Bank of America recently promised to work with more underwater mortgage borrowers to actually reduce principle, as opposed to merely modifying mortgage terms to lengthen the repayment period or agreeing to reduce penalties. [read post]
25 Aug 2014, 3:23 am
Last week, it was big news that DOJ announced a record $16.7 billion settlement with Bank of America to put its mortgage-backed issues – part of the ’07 financial crash – behind it. [read post]
28 Feb 2012, 10:57 am
According to The New York Times, Bank of America, Wells Fargo, Ally Financial, JPMorgan Chase and Citibank agreed to pay $5 billion in cash. [read post]
22 Jul 2019, 2:58 pm
Bank), challenging the Bank’s actions as trustee for a Harborview Mortgage Loan Trust. [read post]
6 Jul 2011, 10:11 pm
Allstate has already sued several other brokerage firms for MBS fraud including: • Merrill Lynch (a Bank of America unit) • Countrywide (also a Bank of America units) • Citigroup Inc. [read post]
14 Oct 2010, 7:11 pm
Essentially, the banks pooled their mortgages into special purpose entities (SPEs). [read post]
