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23 Jan 2012, 5:03 pm by Mandelman
Sheets, Wells Fargo Bank, N.A. received and reviewed your recent correspondence regarding your concerns as it relates to your Grandfather’s mortgage. [read post]
22 Jan 2012, 3:53 pm by Mandelman
  Reducing mortgage balances is a risky idea that hasn’t been shown to keep borrowers who owe more than their property’s worth in their homes, according to Credit Suisse Group AG. [read post]
21 Jan 2012, 5:12 am
According to USA Today, Bank of America donated 150 homes in 2011 with plans to donate many more in 2012. [read post]
20 Jan 2012, 1:35 pm by blacklobellolaw
Plaintiff Valerie Parker took out first and second mortgages on her home with Bank of America as servicer at the height of the market, 2007. [read post]
20 Jan 2012, 7:44 am by McNabb Associates, P.C.
WMC recorded the second-highest number of foreclosures on higher-risk mortgages in America’s 10 hardest-hit real estate zones, according to the U.S. [read post]
17 Jan 2012, 7:29 pm by Atty. Gregory A. Holbus
  And in the event you do default on your mortgage in the future and the home does foreclose, you can at least rest easy knowing that they can't come after you for more money. [read post]
17 Jan 2012, 8:29 am by admin
”   Fannie Rating Faces Cut as Lawmakers Siphon Funds, BofA Says   Hey, man, we’re not stealing, we’re just redistributing Jan. 9 (Bloomberg) — The odds of credit rating downgrades on the bonds of Fannie Mae and Freddie Mac rose after lawmakers tapped the government-supported mortgage companies to pay for last month’s extension of a payroll tax cut, according to a January 6, 2012 report by Ralph Axel, a Bank of America analyst in New York. [read post]
16 Jan 2012, 10:05 pm
Interestingly it announced during the last day of this same month that while the world's only superpower and largest economy would now get only a AA+ rating, securities backed by sub-prime home loans, the same type of investments that led to the worst financial debacle since the Depression (and one from which we have not yet arguably recovered) would receive its once coveted triple AAA rating...unlike the United States. [read post]
13 Jan 2012, 4:06 am by Ray Mullman
And HUD loans have emerged as the lending vehicle of choice for many borrowers seeking to refinance an existing mortgage, Davis points out. [read post]
12 Jan 2012, 6:08 pm
The Balderases' complaint says they were cold-called by a Countrywide mortgage broker offering to refinance their home into a fixed-rate mortgage and allow them to cash out $50,000. [read post]
12 Jan 2012, 9:54 am
In general, mortgage servicers are allowed to take out insurance policies on homes when borrowers allow coverage to lapse. [read post]
12 Jan 2012, 8:01 am by Lovechilde
Some of America's best state attorneys general are trying do just that —trying to get justice for Americans hurt by what the FBI called an "epidemic of fraud" by America's banks and mortgage lenders that contributed to widespread economic devastation in the U.S. [read post]
11 Jan 2012, 6:25 am by Ryan McKeen
Bank of America mortgage customers who are experiencing financial hardship will have the opportunity to meet with home loan specialists, who can review their mortgage and discuss available options. [read post]
10 Jan 2012, 7:43 am by Jennings Strouss & Salmon
Independent foreclosure re views let borrowers who faced foreclosure on their primary residences between January 1, 2009 and December 31, 2010 request reviews of their cases if they believe they suffered financial injury as a result of errors in the foreclosure processes of these servicers: America’s Servicing Company, Aurora Loan Services, Bank of America, Beneficial, Chase,Citibank, CitiFinancial, Citi Mortgage, Country-Wide, EMC, EverBank/Everhome, Freedom… [read post]
9 Jan 2012, 12:58 am by Kevin LaCroix
To be sure, the dismissals of a number of other cases has been affirmed on appeal, including the dismissal in the NovaStar Financial case (refer here), Centerline (here);  Impac Mortgage (here); Home Banc Corporation (here); Regions Financial Corp. [read post]
8 Jan 2012, 1:44 pm by admin
The purchase should be in cash and no mortgage or home equity loan is allowed. [read post]
5 Jan 2012, 10:43 am by admin
  Something like this   Enjoy your payroll tax cut, America – you’ll be paying for it sixty times as long now. [read post]
3 Jan 2012, 1:58 pm by Jean Braucher
A Boston nonprofit, Boston Community Capital, is teaming up with some financial institutions, in particular Bank of America, in a pilot program that has the effect of writing down mortgages to close to home value. [read post]