Tag Archives: Bank Of America

Mortgage Cop: Four Top Banks Fail Consumers

“The banks take this very seriously. They were not elated at having failures. I know they’ve spent a lot of money and a lot of time trying to correct their processes in a way that will serve the public better, … Continue reading

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As Mortgages Improve, Old Ills Still Hit Big Banks

“The five mortgage services that signed the National Mortgage Settlement are legally required to take specific, rigorous, and enforceable steps to protect homeowners,” Attorney General Schneiderman said. “Wells Fargo and Bank of America have flagrantly violated those obligations, putting hundreds … Continue reading

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Meet America’s New Landlords: REITs

To see that growth, look no further than Edelheit’s brand new Atlanta office space, where he now employs 150 workers full-time and hundreds more part-time. His REIT owns close to 2000 properties in Georgia, North Carolina and Florida, and they … Continue reading

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Banks Pay Big for Robo-Signing…Again

The settlement is the result of an independent foreclosure review ordered by the Office of the Comptroller of the Currency in 2011. It required banks to hire independent auditors to go back over loans from 2009 and 2010 to look … Continue reading

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