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20 Dec 2010, 3:25 pm
Last Friday, the attorney generals of Arizona and Nevada filed suit against Bank of America alleging state consumer fraud violations for a practice that's come to be known as "dual tracking" -- bank employees are telling homeowners seeking modifications to make a reduced payment while the "modification is pending. [read post]
19 Dec 2010, 10:30 pm
And now you’re looking at saving a few foreclosures and you saw… “Nope. [read post]
19 Dec 2010, 1:16 am
Jones tapped her savings over the next year and tried for a loan modification, but in the end, the bank filed to foreclose. [read post]
17 Dec 2010, 6:59 am
Savings Bank of the Fingerlakes, 261 AD2d 917, 918 (2nd Dept. 1999). [read post]
16 Dec 2010, 5:03 pm
Home Savings of America, (9th Cir BAP 1997), [held] that chapter 11 debtors were prohibited from modifying the first lien against their primary residence, even though that lien encompassed additional collateral. [read post]
16 Dec 2010, 9:21 am
To this day, Barney Frank continues to defend his role in the meltdown of Fannie Mae and Freddie Mac, saying he was just as blindsided as the rest of America when the two government sponsored enterprises collapsed, triggering the financial crisis. [read post]
16 Dec 2010, 8:03 am
I asked one investment banker what might cause half of North America’s top corporations to default. [read post]
15 Dec 2010, 6:57 pm
It would take a cataclysm – around a third of the leading investment-grade corporations in Europe or half those in North America going bankrupt and defaulting on their debt – for the insurance to be paid out.I asked one investment banker what might cause half of North America’s top corporations to default. [read post]
13 Dec 2010, 12:26 pm
(That’s what Bank of America thought about Countrywide.) [read post]
12 Dec 2010, 8:49 am
The Center for American Progress has published estimates showing that over the next two years, the Obama-GOP deal to extend the Bush tax cuts will “save or create” 3.1 million jobs. [read post]
10 Dec 2010, 8:28 am
Dear Readers:Today, Barbara Desoer, president of Bank of America announced that the moratorium on foreclosures by Bank of America is at an end. [read post]
8 Dec 2010, 7:48 pm
It's the kind of foreclosure faux pas that would bring a tear to the eye of the grand master of mess-ups, Bank of America, a favorite of this blog. [read post]
8 Dec 2010, 12:26 pm
It is in line with the enmity towards unions, towards single payer health care, towards re-regulation of the banks, towards breaking apart big banks, and towards any other policy that would restore a vibrant middle class. [read post]
7 Dec 2010, 11:57 pm
Savings & Loan Assn. [read post]
7 Dec 2010, 1:38 pm
Bank of America, among others, offers a “keep the change”-style policy – a relatively painless way for a consumer to voluntary alter the default rule of their own expenditures to increase savings. [read post]
6 Dec 2010, 10:55 am
And besides all that, if a Vegas odds maker saw Bank of America on one side of the table, and Mr. and Mrs. [read post]
5 Dec 2010, 4:00 am
Business Week named Joan as one of the “Top 100 Corporate Women in America. [read post]
4 Dec 2010, 7:31 am
As the record reflects, the reason the Senate acted was to save “angel investing. [read post]
1 Dec 2010, 10:25 am
Sure, even though we may not be able to save ourselves, at least we can save the animals. [read post]
1 Dec 2010, 10:25 am
Sure, even though we may not be able to save ourselves, at least we can save the animals. [read post]