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22 Dec 2011, 6:20 am
[JURIST] The US Department of Justice (DOJ) [official website] announced Wednesday that Bank of America (BOA) [corporate website] has agreed to pay a record $335 million [press release] to settle claims that its subsidiary, Countrywide Financial, discriminated against Hispanic and African-American home buyers. [read post]
21 Dec 2011, 6:43 pm
BofA Agrees Record $335M Fair-Lending Deal, Bloomberg, December 21, 2011 Countrywide Will Settle a Bias Suit, New York Times, December 21, 2011 More Blog Posts: Federal Home Loan Banks Say Countrywide Financial Corp Mortgage Bond Investors May Be Owed Way More than What $8.5B Securities Settlement with Bank of America Corp. is Offering, Institutional Investors Securities Blog, July 22, 2011 California Investigating Whether Bank of America & Countrywide… [read post]
21 Dec 2011, 9:11 am
But the law won’t allow you to use personal bankruptcy to renegotiate your home mortgage. [read post]
21 Dec 2011, 5:17 am
Bank of America. [read post]
20 Dec 2011, 11:39 am
They stole homes. [read post]
20 Dec 2011, 11:36 am
They stole homes. [read post]
19 Dec 2011, 10:19 am
Vacant homes have become ruinous to neighborhoods throughout America. [read post]
18 Dec 2011, 4:34 pm
Angels in America. [read post]
16 Dec 2011, 5:40 pm
.” Tom is a retired banking lawyer who came out of retirement to volunteer to help homeowners save their homes. [read post]
16 Dec 2011, 9:23 am
It’s a leap from an SRO to inexpensive studio apartments and commune-style Tudor homes for young professionals and multigenerational families. [read post]
15 Dec 2011, 8:27 am
— Require the big banks that got bailed out to modify the mortgages of millions of Americans now under water, who owe more than their homes are worth. [read post]
14 Dec 2011, 6:38 pm
When her Georgia home burned in November 2010, Burdette was in Ohio, where she lives most of the year. [read post]
14 Dec 2011, 7:16 am
She had gotten behind on payments, but was working with Bank of America on a short sale. [read post]
13 Dec 2011, 2:22 am
The plaintiffs allege that the home mortgage giant, now owned by Bank of America, engaged in deceptive practices while selling billions of dollars in mortgage-backed securities. [read post]
11 Dec 2011, 7:34 pm
Additionally, foreign buyers, especially those in Central and South America, continue to come to South Florida to snatch up bargains. [read post]
9 Dec 2011, 6:00 am
During these times of "underwater" home mortgages, many homeowners have enlisted in the federal Home Affordable Mortgage Program (HAMP). [read post]
8 Dec 2011, 8:50 am
By Terrance Heath, cross-posted from Campaign for America's Future It seems ages ago (Doesn't it?) [read post]
8 Dec 2011, 4:04 am
As part of the Government's criticism of these four banks - Bank of America, Wells Fargo, Ocwen, and JP Mortgage Chase - the Government began withholding financial incentives of up to $1,000 per modification. [read post]
7 Dec 2011, 7:29 am
Many of the least sophisticated borrowers in America have been hurt especially hard. [read post]
7 Dec 2011, 3:56 am
Among them: A judge, big law partners, bureaucrats, an Oprah Show producer, two doctors, a middle school principal, and a stay-at-home dad. [read post]
