Thursday, January 12, 2012

Bofa foreclosure

  • BofA recently made a $335 million dollar settlement over As it happens, news of Galanidas undying foreclosure battle comes the same day as news that foreclosure filings are ticking down.
  • (Huffington Post)
  • Law360, New York (January 06, 2012, 9:07 PM ET) -- An Oklahoma federal judge on Friday substantially trimmed a putative class action claiming Bank of America Corp.
  • (site.law360.com)
  • This is also the largest settlement for BofA involving Countrywide. In May 2011, the company agreed to pay $20 million over allegations that argued Countrywides illegal foreclosure on members of the U.S. military without court orders.
  • (Analyst Blog - NASDAQ)
  • Now the tallest building in Atlanta is facing foreclosure — and it just happens to bear the BofA name.
  • (Consumerist.com)
  • Connecticut homeowners who are not Bank of America customers, but having difficulty making mortgage loan payments, should contact the state Department of Banking's Foreclosure Assistance Hotline at 1-877-472-8313.
  • (Connectcut Plus)
  • Bank of America Plaza is being advertised for a foreclosure sale next month, an expected step foreshadowed by recent reports of distress for Atlanta's tallest skyscraper.
  • (Atlanta Journal Constitution)
  • These force-placed policies cost as much as 10 times the market price and although theyre meant to protect the investors in mortgage-backed securities, they often just drive people into foreclosure.
  • (The Business Insider)
  • It is working to reach a settlement with state attorneys general and federal officials over a long-running investigation of foreclosure practices.
  • (Yahoo Finance)

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