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Housing News

Bank of America will shell out $404 million to settle their final claim between the big bank and Freddie Mac and Fannie Mae, covering...

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Housing News

When Bank of America acquired Countrywide in 2008, they also acquired their problems. And fraud.

Housing News

One Bank of America employee has been charged with a scheme that put over $1 million in his pocket.

Economic News

This week, the Dow 30 made some big changes, swapping out three giant brands for three others, which presents good news for investors overall.

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Business News

As Bank of America is named as the bank with the most borrower complaints, their CEO sees a 70 percent increase in his pay...

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Business Finance

Bank of America received what some are calling a secret bailout last year as the NY Fed threw their weight behind the big bank...

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Business Finance

Square changed the way mobile payments are processed, making a major mark on retail, spawning a financial movement business decision makers should pay attention...

Housing News

Bank of America is in the process of sending out thousands of second lien mortgage forgiveness letters as part of this year's massive mortgage...

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Economic News

In what could turn out to be one of the largest shareholder lawsuits we've seen, one pension fund is taking Bank of America to...

Mortgage

When processing short sales, it’s important to know about how each of the lending institutions handles loss mitigation and paperwork processing. If you have...

Economic News

There is no shortage of websites about companies that consumers believe do harm, but this particular site is a very intricate effort to not...

Housing News

Creative pilot program allows homeowners with high balances that are at risk of foreclosure to stay in their homes and become renters for up...

Residential

Bank of America's short sale process is unique, especially with the use of a program called Equator, which each bank uses differently. Navigating these...

Economic News

Bank of America has cut a side deal after the $25B mortgage settlement to offer massive principal reductions to homeowners that are underwater, a...

Economic News

Banks have been penalized by the U.S. Treasury Department for not serving the consumer and failing to permanently modify loans as they have been...

Housing News

Bank says you’ve been pushing up daisies South Carolina man, Arthur Livingston applied for a new mortgage, but was quickly denied as his credit...

Business Finance

Bank of America cuts credit lines In light of an upcoming stress test from the Federal Reserve and Bank of America CEO Brian Moynihan’s...

Housing News

“Close our loan!” Ken and Meredith Williams, like many Americans, applied for a mortgage and have experienced nothing but feet dragging on the part...

Housing News

Indianapolis homeowner sues Indianapolis homeowner, Darryle Caines has filed a lawsuit against Bank of America, alleging that without explanation, his mortgage was raised $700...

Economic News

Bank of America shows mercy Bank of America often demands headlines for illegal foreclosures, foreclosing on the wrong address or badgering a newly widowed...

Housing News

A simple error no one will fix Shantell Curtis’ husband is a trucker which requires that the couple and their two young children move...

Housing News

Bank of America wrongfully foreclosing Bank of America is not new to wrongfully foreclosing on homes, but as seen in the video above, a...

Economic News

The changing tide This week, Bank of America has said it will close its correspondent mortgage lending business by the end of the year...

How to

More and more servicers are now using the online platform, Equator, to process short sales. Wells Fargo, Nationstar, GMAC, and Service One are all...

Housing News

“We wanted to make a deposit.” “We wanted to make a deposit. Unfortunately they don’t want to take our deposit,” Boston resident Lisa Hines...

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