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Investors Hit BofA Loan Modifications
Bank of America Corp.'s decision to embark on an $8.4 billion home-loan-modification program to settle charges brought by state attorneys general against Countrywide Financial Corp. was hailed as a milestone when the deal was announced this fall. But apparently nobody...
created by MortgageAuditor | 1 year ago | updated 1 year ago
213 views | 0 recommendations | 1 comment
213 views | 0 recommendations | 1 comment
Regulators nix credit card debt forgiveness plan
Personal responsibility is still a pillar of Conservatism, believe it or not. So, they forgive the mortgage companies, AIG, all the Big Banks, hedge funds, Ford, GMC, and Chevy, but not the college girl with her...
Credit Card Providers 'To Share Customer Information'
"Struggling credit card holders are to be identified to providers under a new industry-wide schemeCredit card providers are to begin sharing detailed information about their customers in a bid to identify those who are struggling to repay their debts, it has been reported.... Earn Real Money On The House You Live
"Can you earn some money on the house you live? Will the reverse mortgages announced by Finance Minister P.Chidambaram for senior citizens allow this to happen? What is the nitty-gritty involved in availing reverse mortgages that are so popular in advanced West European and...Banks get nontraditional mortgage advice
"Federal regulators directed banks on Friday to properly explain the risks posed to borrowers from interest-only and other nontraditional mortgages. The guidance was aimed at addressing the fear that consumers don't understand all the repayment risks involved in these...
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