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2 Feb 2012, 8:31 pm
So even if a borrower makes their payments to a lender like Citimortgage, Bank of America, Chase, etc., there’s still a very good chance that their mortgage is owned by Fannie Mae or Freddie Mac. [read post]
14 Jun 2012, 5:59 am
Bank of America called. [read post]
3 Jan 2012, 7:37 am
The banks take groups of mortgages and sell them off to investors. [read post]
1 May 2014, 5:46 pm
The OCC report focuses on Qualified Settlement Fund 1, which includes payments from Aurora, Bank of America, Citibank, HSBC, JPMorgan Chase, MetLife Bank, PNC, Sovereign, SunTrust (regulated by the Federal Reserve Board), U.S. [read post]
11 Dec 2008, 12:42 pm
In fact, in a recent case, certificate holders have filed suit against Countrywide and Bank of America for agreeing to modify mortgage in their settlements with the various state's Attorney Generals. [read post]
23 Jun 2009, 11:40 pm
Countrywide became one of the country's largest mortgage lenders until it suffered losses due to subprime loans, and was merged into Bank of America in July 2008. [read post]
5 Nov 2017, 6:02 am
Available at: http://scholarship.kentlaw.iit.edu/cklawreview/vol92/iss2/12 Madden v Midland involved debt that was not only in delinquent, but already charged off by the original creditor (FIA Card Services p/k/a Bank of America, N.A.). [read post]
5 Nov 2017, 6:02 am
Available at: http://scholarship.kentlaw.iit.edu/cklawreview/vol92/iss2/12 Madden v Midland involved debt that was not only in delinquent, but already charged off by the original creditor (FIA Card Services p/k/a Bank of America, N.A.). [read post]
17 Jan 2014, 8:37 am
In total, Bank of America received $45 billion in TARP funds. [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]
25 May 2010, 10:12 am
Bank of America, which has owned them for a few years, is shipping them off to an outfit known as Ameriprise. [read post]
18 Nov 2011, 4:15 pm
Mortgage foreclosures are worse than in the great depression. [read post]
11 Aug 2011, 3:53 pm
Related articles AIG suing Bank of America for Financial Crisis Losses (nymag.com) AIG Sues Bank of America for More than $10 billion Over Mortgage Securities (huffingtonpost.com) New Questions Raised in Mortgage Financing (nytimes.com) In Financial Crisis, No Prosecutions of Top Figures (nytimes.com) AIG sues Bank of America over Mortgage Bonds (nytimes.com) AIG suing Bank of… [read post]
7 Oct 2010, 9:55 pm
Bank of America said Friday that it, too, will stop foreclosures in those states while reviewing its records for the same problems tying up JPMorgan and GMAC foreclosures. [read post]
7 May 2011, 6:37 am
Last month, state officials and federal agencies, including the Justice Department, submitted settlement terms to five mortgage servicers, including Bank of America Corp. [read post]
11 Feb 2013, 9:33 am
According to Form 10-Q, Dividend Capital entered into a senior mortgage fixed rate amortizing loan in the amount of $185.0 million borrowed from Wells Fargo Bank on June 25, 2010. [read post]
16 Feb 2013, 8:45 am
(Market:Book of 95%) And Bank of America has a book value is $218 billion, but the market cap is only $129 billion. [read post]
6 Nov 2009, 9:29 am
Countrywide had been the largest U.S. mortgage lender before liquidity dried up in summer of 2007, leading to its acquisition the following year by Bank of America Corp (BAC.N) for $2.5 billion. [read post]
13 May 2010, 12:55 pm
Many large Wall Street banks created and sold CDOs, and sometimes bet against the very deals that they had created in order to make money when the mortgage market crashed. [read post]
13 Feb 2012, 5:57 am
Bank of America Home Loans, originating out of the Eastern District of California. [read post]
