Fannie, Freddie Ask Banks to Eat Soured Mortgages
Posted by admin / Under Bank Of America Home Loans
Fannie Mae and Freddie Mac may force lenders including Bank of America Corp. [], JPMorgan Chase & Co. [], Wells Fargo & Co. and Citigroup Inc. to buy back $21 billion of home loans this year as part of a crackdown on faulty mortgages.
Published on Monday 8th of March 2010 01:16:48 AM
Steps to a Home Loan Modification with Bank of America
Posted by admin / Under Bank Of America Home Loans
Loan Modifications seem to be the last hope for a number of homeowners across America who are struggling with their mortgage payments. That is why it is very important to follow specific instructions when pursuing a loan modification with Bank of America.
Published on Monday 8th of March 2010 01:16:48 AM
Homeowners Sue Bank Of America Over Loans
Posted by admin / Under Bank Of America Home Loans
Nearly a dozen homeowners have sued Bank of America, claiming the mortgage lender reneged on the terms of their home loans.
Published on Monday 8th of March 2010 01:16:48 AM
ILLINOIS & CALIFORNIA ATTORNEY GENERALS SUED COUNTRYWIDE
Posted by admin / Under Bank Of America Home Loans
CHICAGO-(AEAE) The California Attorney General and the Illinois Attorney General have sued Countrywide Financial which is now owned by Bank of America for using misleading advertising and other unfair business practices to trick borrowers into taking risky home loans .....
Published on Monday 8th of March 2010 01:16:48 AM
Bank of America sends Struggling Homeowners to India
Posted by admin / Under Bank Of America Home Loans
Bank of America's newly-minted CEO Brian Moynihan announced last week that the company has hired additional loan management staff “to ensure we are doing all we can” to help homeowners. Yet he neglected to mention that any customer seeking guidance on, say, avoiding foreclosure just might reach one of B of A’s “home retention” reps — n Mumbai.
Published on Monday 8th of March 2010 01:16:48 AM
"Well, if I called the wrong number, why did you answer the phone?"
This Day In History
Gnadenhutten massacre: nearly 100 Native American converts to Christianity were murdered by militiamen during the American Revolution in revenge for raids carried out by other Native Americans (1782)
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