Homeowner suit against Wells Fargo reinstated – SFGate – A federal appeals court reinstated a potentially huge homeowner lawsuit against Wells Fargo Thursday, saying a federal bailout law requires the bank to offer loan modifications to distressed.
Subprime Brokers Back as Dubious Loan Fixers – “We just changed the script and changed the product we were selling,” said Mr. Soussana, who ran the Los Angeles sales office of Federal Loan Modification Law Center. the backlog of files. In April.
Lawsuit: BofA Lied To Homeowners Seeking Loan Modifications. – Six former Bank of America Corp. employees have reportedly testified in connection with a lawsuit filed in Massachusetts federal court alleging that the bank deliberately denied loan modifications to eligible homeowners in order to force them into foreclosure. The former employees, who worked at different bank offices across the U.S. up until last year, claim [.]
Growing pains for Mr. Cooper? Nonbank takes big loss thanks to lower interest rates Growing pains for Mr. Cooper? Nonbank takes big loss thanks to lower interest rates Mr. Cooper grew its business significantly in the first few months of the year, closing the acquisitions of Pacific Union Financial and IBM’s Seterus mortgage servicing platform in the first quarter alone.Obama administration expects new push for REO rentals [Infographic] Here’s what you need to know about renting your first apartment For helpful first apartment tips, as well as a list of what you’ll need to make your place feel like home, read our advice below. good luck and happy moving! 15 Tips for Moving to Your First Apartment. Add a fresh coat of paint -Personalize your first apartment by adding a fresh coat of paint to the walls. If renting, make sure to ask your.Earlier this year, the Obama administration changed the rules. “A lot of Israelis are looking for income-producing rental buildings and retail,” Farchi said. For example, Brack Capital, the New.Shadow inventory contracts as investors snap up foreclosures Home listing inventories have fallen in many regions by 30% to 70% year-over-year, despite our ongoing sluggish economy. At the same time, many homes have increased in value by 5% to 20%+ just over the past year. Are banks hiding millions of foreclosures as "Shadow Inventory"?
Class Action against Bank of America – Home | Facebook – Class Action against Bank of america august 12, 2012 If you are interested in joining the class action suit please post some of your situation here on this page and also state you want to be part of the lawsuit.
Seeking Employees + Homeowner Victims – mahanyertl.com – In 2014, we helped the government recover a historic $16.6 billion against Bank of America. In our opinion, Ocwen is a worse corporate citizen than Bank of America. Ocwen’s fraud against homeowners needs to be stopped immediately. Thousands of homeowners may lose their homes without immediate action and thousands more may have paid too much.
Lawsuit Against Bank of America Over Mortgage Modification. – Class Action Lawsuit Against Bank of America Over Mortgage Modification Handling. If we had the money we would find a new attorney or file a suit against the gordon law group for not doing their job.We were told after our loan audit that we had a good case against B of A, so far nothing & the.
Bank of America HAMP Loan Denials Bank of America HAMP Loan. – Bank of America received over $336 billion dollars from the federal government during the real estate and financial crisis in 2008. In exchange, Bank of America agreed, in writing, to implement the home affordable modification program ("HAMP") in March of 2009 to assist millions of American homeowners facing foreclosure.
Texas Bank Sues the CFPB; Hawaii’s New Originator Laws; Chicago Now Looking at Eminent Domain – For good news, Fremont Bank is growing and seeking wholesale underwriters. The Berkshire Bank, a New York lender with 11 branches, sued 21 banks including Bank of America Corp, Barclays, and.
Bondholders See Eminent Domain as State Attack: Mortgages – In San Bernardino County, about 150,000 homeowners or half of all houses with a mortgage are underwater and the area’s economic struggles helped push the city of San Bernardino, the county seat, to.