. . . . You can pause intro music down below Bank of America to extinguish up to 150,000 second liens . Piggybankblog posted on 10/01/12 Cross linked with housingwire.com Borrowers with second liens owned and serviced by Bank of America ($8.97 0.14%) may qualify to get their subordinate debt extinguished entirely. The banking giant [...]
+Continue Reading. . . .. You can pause intro music down below. Wells Fargo, Morgan Stanley Faulted on RMBS Servicing . Piggybankblog posted on 09/19/12 Cross linked with Bloomberg.com A law firm that won an $8.5 billion settlement from Bank of America Corp. (BAC) tied to faulty mortgage bonds said Wells Fargo & Co. (WFC) and [...]
+Continue Reading. . . .. You can pause intro music down below. New Jersey Housing Suffers as Defaults Exceed Nevada: Mortgages . Piggybankblog posted on 09/18/12 Piggybankblog posted picture Cross linked with businessweek.com Wendell and Margret Brady haven’t paid their mortgage in more than three years, withholding the money amid a foreclosure dispute on the couple’s [...]
+Continue Reading. . . .. You can pause intro music down below. Fannie Mae paid BofA premium to transfer soured loans: regulator . Piggybankblog posted on 09/18/12 Cross linked with reuters.com (Reuters) – Fannie Mae agreed to pay Bank of America Corp about 20 percent more than it was contractually obligated to last year in order [...]
+Continue Reading. . . .. You can pause intro music down below. Fannie Mae Pays Banks $1.5 Billion So It Can Fire Them . Piggybankblog posted on 09/18/12 Cross linked with huffingtonpost.com Fannie Mae has paid $1.5 billion to a dozen banks that manage its massive home loan portfolio so that it can hire companies it [...]
+Continue Reading. . . .. You can pause intro music down below. Bank of America settles loan discrimination charges . Piggybankblog posted on 09/14/12 Cross linked with washingtonpost.com . Bank of America agreed to settle claims it violated federal law by discriminating against mortgage applicants with disabilities, the Department of Justice said Friday. The nation’s [...]
+Continue Reading. . . .. You can pause intro music down below. 1 Million Failed Mortgage Modifications . Piggybankblog posted on 09/14/12 Piggybankblog posted picture huffingtonpost.com WASHINGTON — President Barack Obama said in 2009 that a new program to fight foreclosures would help as many as 4 million struggling homeowners obtain mortgage modifications that would [...]
+Continue Reading. . . .. You can pause intro music down below. Foreclosures Rise In August; Banks Continue Offering Mortgage Aide . Piggybankblog posted on 09/13/12 Cross linked with jobshire.com Jobless claims continue to rise and Americans are finding it more and more difficult to pay for their homes. Foreclosure filings rose in August as [...]
+Continue Reading. . . .. You can pause intro music down below. Mortgage registry cleaned up act, chief says . Piggybankblog posted on 09/12/12 Piggybankblog posted picture Cross linked story with ocregister.com SANTA ANA — Until the foreclosure crisis, most people had never heard of the Mortgage Electronic Registry Systems, or MERS. Then MERS surfaced [...]
+Continue Reading. . . .. You can pause intro music down below. Top court ruling leaves Oregon’s residential real estate market in limbo . Piggybankblog posted on 09/08/12 Cross linked with oregonbusinessreport.com In a ruling the Oregon Supreme Court will soon review, the Oregon Court of Appeals on July 18 issued a major decision.The case, [...]
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