. . . . . AIG wins bid to move $10 billion Bank of America mortgage lawsuit . Piggybankblog posted on 04/19/13 Cross linked with reuters.com . (Reuters) – A federal appeals court ruled in favor of American International Group Inc (AIG.N) by concluding that the insurer’s $10 billion lawsuit against Bank of America Corp [...]
+Continue Reading. . . . Pause intro music down below. Judge Rules Against Bank – Precedent Could Cost Bank of America Billions . Piggybankblog posted on 02/12/13 Cross linked with truth-out.org Transcript – PAUL JAY, SENIOR EDITOR, TRNN: Welcome to The Real News Network. I’m Paul Jay. And welcome to this week’s edition of The Black [...]
+Continue Reading. . . . Pause intro music down below. Delaware Judge Slams Lawyers Over Bank Of America Suit . Piggybankblog posted on 02/06/13 Cross linked with forbes.com . One more item for the Bank of America/Countrywide/mortgage meltdown file. Delaware Chancery Court Judge Leo Strine delivered a scathing attack on lawyers who tried to pursue a [...]
+Continue Reading. . . . Pause intro music down below. Servicer can be held negligant for the damages . Piggybankblog posted on 12/19/12 December 19th, 2012 Negligence against services that mishandled the loan modification process by losing documents — taking trail mod payments — and pushing them into foreclosure. 11.16.12 NTC of Ruling RE DEF’s DEM [...]
+Continue Reading. . . . . Pause intro music down below. Bank of America sued over mortgage-backed securities . Piggybankblog posted on 11/22/12 Cross linked with nj.com Bank of America Corp., the second- biggest U.S. bank by assets, was sued by CIFG Assurance North America Inc. for fraud and breach of contract over insurance policies [...]
+Continue Reading. . . . . Pause intro music down below. Bank of America, MBIA Death Match Hurts Both: Moody’s . Piggybankblog posted on 11/19/12 Cross linked with thestreet.com . MBIA wants to tear up some $6 billion in insurance it wrote for Bank of America, arguing it was based on misrepresentations made by the bank’s [...]
+Continue Reading. . . . You can pause intro music down below. Bank Of America Has Provided No Mortgage Principal Relief Under The Foreclosure Fraud Settlement . Piggybankblog posted on 08/29/12 Cross liked story with thinkprogress.org The nation’s five biggest banks agreed to a $25 billion foreclosure fraud settlement back in February that required them to [...]
+Continue Reading. . . . You can pause intro music below Bank Of America Hasn’t Modified Any Mortgages, As It Had Agreed To . Piggybankblog posted on 08/29/12 Picture posted by piggybankblog Cross linked with npr.org by Eyder Peralta Last February, five major banks came to an agreement with the United States government that would provide [...]
+Continue Reading. . . . You can pause intro music below Bank of America hosts mortgage modification event . Piggybankblog posted on 08/24/12 Cross linked with Bizjournals.com Bank of America is hosting another event to help struggling homeowners avoid foreclosure. The event started yesterday at the Embassy Suites in Tigard. It runs through Saturday from 8 a.m. [...]
+Continue Reading. . . . You can pause intro music down below Bank of America lags rivals in mortgage aid . Piggybankblog posted on 08/17/12 Piggybankblog posted picture Cross linked with charlotteobserver.com . JPMorgan and Wells Fargo outpace rival bank in living up to industry settlement. . Bank of America Corp., plagued by complaints about customer [...]
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