NEW YORK/CHARLOTTE, North Carolina (Reuters) - A group of mortgage-backed securities investors says Bank of America Corp failed to buy back more than $30 billion in loans from investors after the bank ...
Bank of America will respond to distressed homeowners and credit counselors working on mortgage modifications within 72 hours, a major improvement, under a program expected to be available within 90 ...
Mortgage modifications surged in the first quarter at the nation's largest banks, reversing a yearlong decline, while foreclosure activity also saw a marked uptick, according to a new government ...
As recently as a few weeks ago, the Treasury Department seemed pretty unhappy(PDF) with how quickly mortgage servicers were extending loan modifications to struggling borrowers under its Making Home ...
Bank of America Corp. on Thursday announced a mortgage modification program for military customers, including principal forgiveness for some struggling borrowers. The Charlotte bank said the program ...
Although not yet adopted by any state, the Uniform Mortgage Modification Act aims to clarify and simplify the law governing mortgage modifications by creating brightline safe harbors for common ...