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Posts tagged Bank Foreclosure
Bank of America ramps up foreclosure proceedings
Sep 15th
Bank of America Corp. is stepping up its foreclosure activity in states where a court order is not needed to take back a home. Bank of America is the nation’s largest mortgage servicer, and other big banks could follow suit,...
Biden’s heirs split over bank foreclosure probe
Sep 12th
Delaware's Governor and Attorney General, both Democrats, don't agree what should be done about the foreclosure crisis
Short Sales Become Bank Foreclosure Shortcut
Aug 5th
NEW YORK (TheStreet) -- Banks dealing with lengthy, complicated and frequently messy foreclosures are starting to see "short sales" as a quicker and cheaper way of getting bad loans off their books. The nation's biggest mortgage servicers- Bank of America, JPMorgan Chase and Wells Fargo - are beginning to step up their efforts to ease the short sale process for borrowers who are unsuccessful in ...
Bank of America Says Foreclosure Sales Resume in Most States
Feb 25th
Bank of America Corp., the largest U.S. mortgage servicer, said it restarted foreclosure sales in most U.S. states after fixing its practices and expects to resume in the remaining states in the current quarter.
Kluge Loses Estate to Bank of America in Foreclosure
Feb 18th
Socialite and winemaker Patricia Kluge lost her Charlottesville, Virginia, estate to Bank of America Corp. in a foreclosure auction yesterday.
Bank creates foreclosure division
Feb 5th
Bank of America Corp. yesterday said it is splitting its mortgage business into two units, with a new division created specifically to handle foreclosures and discontinued loan products.
U.S. Probing Deutsche Bank in Foreclosure Case
Jan 29th
The U.S. Trustee's Office is investigating whether or not the bank filed false documents and attempted to mislead a judge in a foreclosure action.
Bank regulators eye foreclosure files at 14 banks
Dec 14th
WASHINGTON (MarketWatch) - Responding to a letter from a group of congressional Democrats worried about growing mortgage documentation problems at big banks, a key bank regulator said Tuesday that examiners are reviewing samples of borrower foreclosure files from the servicer divisions of sixteen financial institutions including fourteen banks. "In reviewing these files, examiners are checking ...
Bank of America resumes foreclosure sales
Dec 11th
Bank of America Corp. said it has restarted foreclosure sales, giving attorneys the go-ahead this month in 16,000 cases.
Bank of America lifts foreclosure freeze
Dec 11th
Bank of America Corp. lifted its national foreclosure freeze this week and began taking back some 16,000 properties, starting with homes that were either vacant or didn't have owners living in them.