Search for: "Bank of America Mortgage"
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19 Jun 2012, 7:28 pm
Recently, the federal government and 49 state attorneys general reached a settlement with the country’s five largest mortgage loan servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase, and Wells Fargo. [read post]
30 Apr 2013, 10:42 am
However, many of these lawsuits have been filed against Bank of America based on bad HAMP actions by the lender. [read post]
8 May 2011, 8:23 am
Senate Permanent Subcommittee on Investigations released a report detailing the incentive campaign which contributed to the downfall of America's sixth largest bank. [read post]
12 Aug 2009, 1:36 pm
As many Credit Slips readers may be aware, Countrywide Home Loans (which is now part of Bank of America) has been the subject of proceedings in several bankruptcy courts because of the shoddy recordkeeping behind their claims in bankruptcy cases. [read post]
9 Feb 2012, 1:20 am
The settlement also resolves an investigation by the Eastern District of New York, the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) and the Federal Housing Finance Agency-Office of the Inspector General (FHFA-OIG) into allegations that Bank of America defrauded the Home Affordable Modification Program. [read post]
13 Mar 2014, 9:14 am
The arguments might not persuade the Justices; Bank of America’s reply has solid responses to everything in the NACBA’s filing. [read post]
17 Apr 2013, 7:44 am
All of the claimants allege that they purchased mortgage-backed securities that had been issued by Countrywide prior to its acquisition by Bank of America, and that the offering documents accompanying the offering contained misrepresentations and omissions about the mortgages underlying the securities. [read post]
20 Apr 2010, 4:44 am
Unless you actually stand up for your family, for your self respect, for your neighborhood . . . and say "I'm not going to take this from Bank of America or Wells Fargo or Deutsche Bank or whoever it is. [read post]
5 Mar 2011, 9:39 am
Several big banks, including Citigroup, Bank of America and JPMorgan Chase, declined to comment. [read post]
25 Mar 2010, 4:17 am
And five weeks ago, Bank of America, the largest mortgage servicer in the country with three million seconds signed up. [read post]
12 Mar 2010, 5:20 pm
by Jeff Sovern I've been reading Dan Immergluck's fine book, Foreclosed: High-Risk Lending, Deregulation, and the Undermining of America's Mortgage Market (2009). [read post]
28 Oct 2010, 3:16 pm
Lenders are now facing numerous such lawsuits, including a class action in Boston federal court against Bank of America. [read post]
1 Apr 2009, 7:11 am
By now most of America realizes that AIG triggered its own downfall by issuing "credit default swaps" guarantying hundreds of billions of dollars worth of mortgage-backed securities without having the money to make good on its promises. [read post]
9 Mar 2012, 6:25 pm
The Wall Street Journal reported today that Bank of America also made a side deal to avoid penalties and will be doing more principal reductions. [read post]
10 Aug 2011, 6:22 am
OneWest Bank filed foreclosure paperwork in that was peppered with problems, namely in the assignment of mortgage. [read post]
26 Apr 2007, 9:00 am
It then helps the person obtain a mortgage with one of its partner lending institutions, the biggest ones being Citigroup and Bank of America. [read post]
22 Apr 2008, 1:47 pm
After the second biggest bank swallows up the biggest mortgage lender, the resulting consumer and systemic risk will bear close watching by our central bank. [read post]
24 Feb 2011, 10:54 am
3 stories for your consideration: Obama Administration a year late and a lot of dollars short with haircuts for banks: The Obama administration is trying to push through a settlement over mortgage-servicing breakdowns that could force America's largest banks to pay for reductions in loan principal worth billions of dollars. [. . .] [read post]
22 Apr 2010, 11:45 am
In January 2008, Countrywide Financial Corporation, a $100 billion thrift specializing in home loans, was sold to Bank of America. [read post]
21 Mar 2012, 9:52 am
But banks are not giving out many new mortgages now. [read post]
