Search for: "BANK OF AMERICA HOME LOAN"
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9 Nov 2009, 9:47 pm
 Or Wells Fargo, Chase, Bank of America, or any of the trained chimps in the banking industry that have spent the last two years running around telling people they shouldn’t hire a lawyer to help them avoid foreclosure. [read post]
7 Nov 2009, 3:40 pm
But that’s no way to start telling a story… Our story begins in New York, way back in 2005…. the good old days, as it were… when, for the first time ever, the Federal Reserve released home mortgage data that included information on the race, sex and income of loan applicants. [read post]
4 Nov 2009, 7:22 pm
In August 2007 our bank had some 81 problem loans. [read post]
1 Nov 2009, 7:29 pm
In other parts of America, defaults were about 9 times higher in 2008 than in 2005. [read post]
31 Oct 2009, 10:59 am
" He then explains that loan modifications are time consuming and that it may be easier and less expensive for servicers to foreclose than to try to keep someone in their home. [read post]
31 Oct 2009, 5:29 am
 Within a week, Bank of America announced that it had initiated over 100,000 modifications, as I remember it. [read post]
27 Oct 2009, 9:25 am
" Annual reverse mortgage volume has topped 110,000 units and $17 billion, with top banks like Wells Fargo and Bank of America and large insurance companies like Genworth and MetLife leading the way. [read post]
19 Oct 2009, 11:00 pm
Used wisely, it can increase your credit score to help you qualify for that car or home loan. [read post]
15 Oct 2009, 3:30 am
Instead of passing provisions destined to put money in the pocket of the less needy (anyone who is thinking of buying a home right now is not one of the seven million or so working Americans who have lost their jobs), why don't these guys have the guts to enact the most important provision for helping home ownership in America--a requirement that mortgage loans be modifiable in bankruptcy? [read post]
14 Oct 2009, 11:00 pm
And while some banks have helped more than one-third of eligible homeowners with the program, others like Wells Fargo and Bank of America have helped just 20 and 11 percent, respectively. [read post]
12 Oct 2009, 12:47 pm
Figures for lenders with more than 70,000 potentially eligible borrowers: Saxon Mortgage Services 41% CitiMortgage 33% Aurora Loan Services 33% JP Morgan Chase 27% GMAC Mortgage 26% Wells Fargo 20% Bank of America 11% OneWest Bank 5% Wachovia Mortgage 3% Litton Loan Servicing 2% American Home Mortgage Servicing Background on the Making Home Affordable program, including monthly lender data from July and August, is available on the… [read post]
12 Oct 2009, 6:01 am
The resolution got 33.4 percent support at Bank of America and 28.4 percent at Citigroup, but only 8.4 percent at JPMorgan Chase. [read post]
4 Oct 2009, 11:10 am
He needs a home loan modification. [read post]
4 Oct 2009, 10:49 am
• Embattled Bank of America CEO Ken Lewis announced that he would retire at year-end. [read post]
2 Oct 2009, 1:05 pm
” Bank of America v. [read post]
20 Sep 2009, 7:38 am
• According to the Charlotte Observer, the FBI and the Department of Justice are conducting a criminal investigation into Bank of America's purchase of Merrill Lynch. [read post]
14 Sep 2009, 1:30 pm
Home foreclosures linked those who took out home loans and those who repackaged those loans as securities. [read post]
14 Sep 2009, 4:33 am
Bank of America, which adheres to the guidelines that Fannie Mae and Freddie Mac set, will let your total debt (including student and other loans) hit 45 percent of your pretax income, but no more.That said, if you end up with an adjustable-rate loan, banks may not be concerned with whether you'll be able to afford the maximum possible payment when the interest rate adjusts in five or seven years. [read post]
13 Sep 2009, 8:30 am
It seems that banks became greedy after realizing that simply making loans to consumers to buy a home or car was not enough. [read post]
9 Sep 2009, 10:36 pm
And it doesn't require begging your bank for a modification or selling your home. [read post]
