Archive for: BofA

Homeowner With Alzheimer’s Defaults On Mortgage After Bank of America Froze Trust Account

. . . . Homeowner With Alzheimer’s Defaults On Mortgage After BofA Froze Trust   Written by John Wright August 28th, 2013 — Ryan Colcord of Brentwood, California found out the hard way that some of the most forgotten applicants of the federal government’s Home Affordable Modification Program — better known as HAMP – were actually […]

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Why Bank of America Will Pass the Stress Tests

. . . . .. Why Bank of America Will Pass the Stress Test . Piggybankblog posted on 03/06/13 Cross linked with fool.com The Federal Reserve will release tomorrow the results of its 2013 stress tests of the nation’s largest financial institutions. In an article published earlier today, Fool contributor John Maxfield explained why he believes […]

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Is Naughty Behavior Keeping Bank of America Down Today?

. . .   . Naughty Behavior Keeping Bank of America Down Today? . Piggybankblog posted on 02/25/13 Cross linked with fool.com t’s lunch time on this drab Monday, and it looks like both theDow and the S&P 500 (SNPINDEX: ^GSPC) are sleeping in, with both indices looking pretty peaked at the moment. In the […]

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3 Reasons Brian Moynihan Is Dead-Right for Bank of America

. . . . . 3 Reasons Brian Moynihan Is Dead-Right for Bank of America . Piggybankblog posted on 02/23/13 Cross linked with fool.com Over the last few weeks, news about executive compensation on Wall Street has started to leak out. In the middle of last month, the board of directors at JPMorgan Chase (NYSE: […]

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Ex-Countrywide shareholders: Public policy dictates we can sue Mozilo

. . . . .You can pause intro music below Ex-Countrywide shareholders: Public policy dictates we can sue Mozilo . Piggybankblog posted on 02/15/13 Cross linked with reuters.com In 2008, plaintiffs’ lawyers were so close to lassoing onetime Countrywide chairman Angelo Mozilo in a derivative suit that they could practically smell his aftershave. The housing […]

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The Single Biggest Threat to Bank of America Today

. . . . Pause intro music down below. The Single Biggest Threat to Bank of America Today . Piggybankblog posted on lvj.com Cross linked with fool.com This is the first in a series of five articles covering Bank of America’s legal problems since the financial crisis. Check back throughout the week as we publish […]

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Bank of America files to evict squatters from $2.5-million Boca Raton mansion

. . . . Pause intro music down below. BofA files to evict squatters from $2.5-million Boca Raton mansion . Piggybankblog posted on 01/25/13 Cross linked with sun-sentinel.com Bank of America has filed to evict nine squatters from a $2.5-million mansion in a posh Boca Raton neighborhood. In a filing in Palm Beach County court that […]

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Bank of America is Back in Lending; Thoughts on Basel III and MSR's; Investors Like Residential Mortgages

. . . . Pause intro music down below. Bank of America is Back in Lending . Piggybankblog posted on 01/03/13 mortgagenwsdaily.com Fixed rate 30-yr. mortgages at 2.6%! Yippee!!! Oh…wait a minute…the New York Fed tells us why they aren’t there yet. CMG Financial is a multi-billion dollar lender that has experienced phenomenal growth and […]

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Bank of America Delinquent Loans Mean Losses: Mortgages

. . .   .. You can pause intro music down below. Bank of America Delinquent Loans Mean Losses: Mortgages . Piggybankblog posted on 12/21/12 Cross linked with bloomberg.com Bank of America Corp. has amassed $64 billion of mortgages that are at least six months delinquent and have yet to enter foreclosure, more than twice […]

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Danielson vs Bank of America / Superior Court of CA SD – servicer can held negligent for the damages caused by their negligent conduct in the loan mod process

. . . . 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 […]

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