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23 Feb 2012, 3:08 pm by Philip R. Stein
In the mortgage repurchase world, we see countless instances where the big bank demands an originator “repurchase” a bad loan, yet the alleged breach cited by the bank has nothing to do with the cause of default. [read post]
29 Dec 2011, 10:09 am by Bankruptcy Legal Group
Meanwhile, Bank of America Corp. and other major financial institutions are currently negotiating settlements for their improper foreclosure practices. [read post]
3 Apr 2014, 9:30 am by Allison Tussey
Specifically, Metaxas caused Gateway to enter into a sham agreement to loan money to Ideal Mortgage Bankers Ltd. d/b/a Lend America, a mortgage lender and Gateway’s largest mortgage lending client. [read post]
12 Oct 2010, 8:35 am
At issue is the ownership of hundreds of thousands of mortgages that were packaged and sold as investments by banks that later foreclosed on the properties. [read post]
13 Nov 2012, 11:19 am by Larry Tolchinsky
  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]
27 Jul 2010, 4:01 pm by John Watts & M. Stan Herring
However, Bank of America's servicing company BAC Loan Servicing didn't sell the property. [read post]
12 Jan 2012, 9:54 am
Among those being investigated were JPMorgan Chase, Bank of America, Citigroup and Wells Fargo. [read post]
27 Sep 2011, 1:15 pm by Jenna Greene
Linick's office today released a report sharply criticizing FHFA managers for approving a $1.35 billion settlement in December 2010 with Bank of America for selling shoddy mortgages to Freddie Mac, saying the deal might have shortchanged taxpayers billions of dollars. [read post]
4 Jun 2011, 6:07 pm
" In addition, attorneys general in two other states separately sent letters to Bank of America regarding foreclosures. [read post]
17 May 2011, 6:02 am by Ashby Jones
Spokesmen for Bank of America, Goldman Sachs and Morgan Stanley declined to comment. [read post]
16 Mar 2011, 9:13 am
MERS was formed 16 years ago by Fannie Mae, Freddie Mac and a number of big banks like JPMorgan Chase and Bank of America. [read post]
6 Nov 2012, 11:11 am by Karen K. Harris
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]
10 Jun 2014, 11:37 am by Bill Ward
See Order Granting Motion to Dismiss, Bank of New York Mellon v. [read post]
1 May 2012, 6:17 pm by Peter Moulinos
Bank of America was originally represented by the law firm of Steven J. [read post]
10 Feb 2012, 9:51 am by Steven Berk
The Department of Justice, HUD and State Attorneys General are sure proud to have reached a settlement with five banks (Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, and Ally) over the abuses in real estate foreclosure practices that plagued homeowners and the banks themselves. [read post]
8 Nov 2010, 6:00 am
Just as mortgage lenders Bank of American and GMAC are resuming their foreclosure activities, new examples of documentation problems are popping up around the nation. [read post]
13 Nov 2008, 4:10 pm
Other top lenders are seeking to avoid such intervention by the government, including Bank of America Corp., J.P. [read post]
3 Jun 2012, 11:54 am by R Grace Rodriguez
Dear Readers:Resent research has shown that the typical wrongful foreclosure case involving big lenders such as Bank of America, Wells Fargo, Chase, Citibank, Deutche Bank, and Mortgage Electronic Registration Services (aka MERS) have all the rulings going in their favor. [read post]
6 Oct 2010, 6:54 am
And on Oct. 1, Bank of America followed suit by temporarily stopping foreclosures in 23 states. [read post]