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8 Feb 2012, 7:56 am by Lovechilde
At the same time, Romney’s tax plan would boost the incomes of America’s most wealthy citizens, who are already taking home an almost unprecedented share of that nation’s total income. [read post]
8 Feb 2012, 7:12 am by Jon Sheldon
Rebuilding America: How States Can Save Millions of Homes Through Foreclosure Mediation calls on all states to adopt strong foreclosure mediation programs. [read post]
7 Feb 2012, 5:15 am
Bank of America began its program for its mortgage customers on January 17, and CitiMortgage and GMAC mortgage are also already accepting applications. [read post]
6 Feb 2012, 12:40 pm by malik
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]
6 Feb 2012, 11:13 am by Attorney Goldstein
  Let’s say for example you pay Bank of America, Citi Mortgage or some other lender. [read post]
3 Feb 2012, 9:22 am by Big Tent Democrat
The lawsuit names JPMorgan Chase Bank, N.A., Bank of America, N.A., Wells Fargo Bank, N.A., as well as Virginia-based MERSCORP, Inc. and its subsidiary, Mortgage Electronic Registration Systems, Inc. [read post]
2 Feb 2012, 8:31 pm by Perry, Krumsiek & Jack, LLP
So for example, a home owner with a $300,000 outstanding mortgage balance on a home worth only $200,000 could still qualify even though their LTV is 150%. [read post]
2 Feb 2012, 8:31 pm by Perry, Krumsiek & Jack, LLP
So for example, a home owner with a $300,000 outstanding mortgage balance on a home worth only $200,000 could still qualify even though their LTV is 150%. [read post]
31 Jan 2012, 9:42 pm by bankruptcylawyer
In 2010, the number of home foreclosures in America increased by 35%. [read post]
31 Jan 2012, 6:13 am
Robo-signing, the practice used by many mortgage companies and their attorneys' to falsely sign numerous mortgage documents, may lead to some relief for under-water homeowners in the near future. [read post]
30 Jan 2012, 4:29 pm
To Explain Over $95B of Mortgage-Backed Securities, Institutional Investor Securities Blog, December 17, 2011 FDIC Objects to Bank of America’s Proposed $8.5B Settlement Over Mortgage-Backed Securities, Stockbroker Fraud Blog, August 30, 2011 [read post]
30 Jan 2012, 3:35 pm by Mandelman
Little known before the mortgage crisis hit, MERS, which stands for Mortgage Electronic Registration Systems, has been at the center of complaints about false or erroneous mortgage documents. [read post]
29 Jan 2012, 7:51 pm by Kevin Funnell
As a condition for offering mortgage relief to Arizona homeowners, Bank of America (BAC) is allegedly requiring them to refrain from criticizing the company, according to Bloomberg BusinessWeek. [read post]
28 Jan 2012, 8:51 am by Bankruptcy Legal Group
Specifically, under the proposed settlement those homeowners who owe more than their home is worth, and who also have very little chance of refinancing, may be eligible for this reduction in the principal amount of their mortgage. [read post]
25 Jan 2012, 11:17 am by Jenna Greene
The initiative won praise from liberal advocacy group the Campaign for America's Future. [read post]
25 Jan 2012, 11:08 am by Daniel Shaviro
Phasing out home mortgage interest deductions and the exclusion for employer-provided healthcare at the high end has potential appeal, especially since these are bad items in a tax policy sense but are both politically sacrosanct and would be a bit economically disruptive to yank away for everyone else cold turkey. [read post]
25 Jan 2012, 5:15 am
Eight years ago, the Borchers paid their mortgage in full when they sold their house. [read post]