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10 Oct 2011, 3:56 pm
Home values have fallen significantly in Northern California so that many people with mortgages owe more than their homes are worth. [read post]
7 Oct 2011, 12:17 pm by Francis M. Boyer, Esq.
Take a look at the situation in the story below: “Bank of America bombarded a grieving widow with calls up to 48 times a day to remind her that her recently deceased husband had missed a mortgage payment, it is claimed. [read post]
7 Oct 2011, 10:06 am by Lovechilde
Some offer suggestions of what they should advocate -- "infrastructure investment" says Paul Krugman, a speculation tax on banks, home mortgage relief. [read post]
6 Oct 2011, 4:07 pm
That case stems from an FHA program that let borrowers in default sell their homes to satisfy mortgage debts to New York- based Citigroup, even if the proceeds were less than the total owed. [read post]
5 Oct 2011, 2:43 pm by Lovechilde
Whil one home in four is underwater, this country's worried about the financial health of banks. [read post]
5 Oct 2011, 10:38 am
In the article, the author reports that Bank of America, one of the largest banks in the world, punished its employees who spotted mortgage fraud. [read post]
5 Oct 2011, 8:05 am by Lovechilde
They’re still too burdened by debt, especially on homes that are worth less than their mortgages. [read post]
4 Oct 2011, 3:18 pm
Other companies named as defendants include CitiMortgage, Washington Mutual Bank, PNC Bank (which acquired National City Mortgage), Countrywide Home Loans, Mortgage Investors, First Tennessee Bank (which acquired First Horizon Home Loan), Irwin Mortgage and New Freedom Mortgage. [read post]
4 Oct 2011, 8:22 am
Mudd, told investors that the Company had approximately $3 trillion dollars at risk in residential home mortgages, but that the Company only had reserves of approximately $41 billion. [read post]
4 Oct 2011, 4:03 am by Mandelman
Brancaccio was saying that the critics of nationalization, which coincidently are the CEOs of the banks themselves, argue that the if the government owned the banks they’d be under political pressure not to do things like put people out of their homes when they didn’t pay their mortgage. [read post]
3 Oct 2011, 2:24 pm by Mandelman
 And Mark Zanides and Kenneth Gertz are formidable opponents, even for Bank of America or JPMorgan Chase. [read post]
3 Oct 2011, 7:18 am by admin
  The overwhelming majority were made by mortgage bankers and brokers not covered by the law. [read post]
3 Oct 2011, 4:16 am by Mandelman
Okay… Don’t say I didn’t warn you… PennyMac’s business model is based on keeping people in their homes, so some consumer advocates offered compliments… and then they bowed past the knee and left the room without turning their backs on America’s royalty. [read post]
29 Sep 2011, 3:03 pm
Bank of America has to reduce the number of risky mortgage loans and also find 3rd party companies that can help speed up the process. [read post]
29 Sep 2011, 7:12 am by Mandelman
” Maybe people in Spain are more mature than we are in America and therefore Spain’s government feels they can be told the truth. [read post]