Archive for: mortgage servicing

BofA mortgage workforce swells even as it tightens belt

. . . .. You can pause intro music down below. One-sixth of Bank of America employees work on troubled mortgages . Piggybankblog posted on 10/12/12 Cross linked with reuters.com (Reuters) – The Bank of America Corp unit that handles troubled home loans has grown more than tenfold since the bank bought ailing mortgage lender [...]

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Obama Housing Program Hits Milestone: 1 Million Failed Mortgage Modifications

. . .   .. 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 [...]

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