By NELSON SCHWARTZ A Bank of America branch in Times Square.Andrew Gombert/European Pressphoto Agency. A lawsuit claims that a $8.5 billion deal with Bank of America would actually speed up foreclosures The legal onslaught continues for Bank of America. On Tuesday,...
By: Paul Sakuma / AP Myrian Munoz, of Pacifica, Calif., left, and Lili Lu, of Fremont, Calif., rally with other members of the Home Defenders League in San Jose, hoping to stop Bank of America from foreclosing on their homes. By Brady Dennis, Published: August 24...
By David McLaughlin and Dakin Campbell Bank of America Corp. (BAC) has held settlement negotiations with some states over home foreclosures separately from talks with a larger group of state and federal officials, two people familiar with the matter said. The proposed...
By GRETA GUEST Detroit Free Press Short sales are among the most arduous real estate transactions, often taking six months or more to close – if they get done at all. They can be a life raft for distressed homeowners who owe more on their houses than what...
There are federal and state laws which exist to protect consumers against mistreatment by companies in credit-related situations. Some of the major areas addressed by these laws include credit reporting, debt collection, credit card accounts, mortgages, foreclosures...
