Search for: "BANK OF AMERICA HOME LOAN"
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7 Sep 2011, 6:37 am
By modifying the loan, the bank won’t have to pay all the associated costs of foreclosure, and then put the property on the market where it might not sell for some time. [read post]
7 Sep 2011, 6:00 am
The cold hard truth is that scammers will exist as long as mortgage servicers are allowed to defraud homeowners with loan modification run-arounds and government’s best advice for homeowners at risk of losing their homes to foreclosure is to “call a HUD counselor or their bank directly. [read post]
6 Sep 2011, 7:54 pm
When the Fed recently asked Bank of America to detail its plan for survival in the event its business took a turn for the worse, confidential sources tell us that the Fed was shocked at the candor shown by Bank of America in outlining its "backup plan" (also known as "Operation Giant Sucking Squid"). [read post]
6 Sep 2011, 7:38 pm
Mortgage documents are being invalidated by courts in Florida, furthermore, insurers are hesitant to write policies, and judges are blocking banks from foreclosing on certain homes based on the invalid documents. [read post]
6 Sep 2011, 11:13 am
Narcizo Zavala Guillen alleged that someone stole his identity and used his personal information to obtain two mortgage loans from Bank of America. [read post]
3 Sep 2011, 12:52 am
Bank of America Corp., Citigroup Inc., JP Morgan Chase & Co., and Goldman Sachs Group Inc. were some of the financial firms which were targeted by the lawsuits. [read post]
3 Sep 2011, 12:52 am
Bank of America Corp., Citigroup Inc., JP Morgan Chase & Co., and Goldman Sachs Group Inc. were some of the financial firms which were targeted by the lawsuits. [read post]
2 Sep 2011, 7:36 am
That's the attitude our leaders are taking toward homeowners all across America, millions of whom were bilked by their banks into taking out loans based on inflated housing values. [read post]
1 Sep 2011, 11:34 am
Even a recent $5 billion investment by Warren Buffett in Bank of America has done little to help the giant bank. [read post]
1 Sep 2011, 11:10 am
In this case, a lawsuit filed in state court in Manhattan alleges that Countrywide, which Bank of America acquired in 2008, issued 4,484 loans and materially misrepresented the quality of its underwriting and loan documentation. [read post]
1 Sep 2011, 11:04 am
Masto is seeking to revoke a 2009 settlement she reached with Bank of America over loan abuses involving its Countrywide Financial Corp. unit, charging the bank has breached the settlement terms. [read post]
1 Sep 2011, 5:11 am
However, at least one huge mortgage lender, Bank of America, may be illegally and surreptitiously adding on early termination fees when its customers sell their homes. [read post]
1 Sep 2011, 12:25 am
It is not honest, however much one is paid, to issue a triple AAA rating to what Bloomberg calls, "More than 14,000 securitized bonds in the U.S. are rated AAA by S&P, backed by everything from houses and malls to auto- dealer loans and farm-equipment leases, according to data compiled by Bloomberg," and not the United States of America. [read post]
31 Aug 2011, 6:40 pm
Collectively, the projects plan to employ more than 60,000 Americans, create tens of thousands of indirect jobs, provide clean electricity to power three million homes, and save more than 300 million gallons of gasoline a year. [read post]
31 Aug 2011, 2:40 pm
In addition to Attorneys General Biden and Schneiderman objecting to Bank of America's proposed $8.5 billion settlement with Bank of New York Mellon, the FDIC and a group of home owners whose loans are part of the mortgage pool have also objected to the settlement. [read post]
30 Aug 2011, 7:17 am
We already knew that the nation's homeowners owe banks between $750 billion and $1 trillion in loans for nonexistent home value, since that's the estimated difference between what people owe on their mortgages and what their homes are currently worth. [read post]
29 Aug 2011, 8:44 am
So, the country's national bank was giving out loans to banks, who, in turn, have pummeled the average homeowner. [read post]
Family law amendments, felony DUI, sentencing, securities fraud and a busy week in the court kitchen
28 Aug 2011, 6:15 pm
Weekly S472a Mortgage-Backed Securities: AIG SUES BANK OF AMERICA OVER 'MASSIVE' MORTGAGE FRAUD, AIG v. [read post]
26 Aug 2011, 7:52 am
In 2006, at the peak of the real estate market, Bank of America and Citigroup led banks and brokers with $104 billion in profits. [read post]
26 Aug 2011, 6:57 am
Two of the nation’s biggest lenders, JPMorgan Chase and Bank of America, are quietly modifying loans for tens of thousands of borrowers who have not asked for help but whom the banks deem to be at special risk. [read post]
