Bank of America Foreclosures

PHOTOS: Protesters Swarm BofA Shareholder Meeting

Posted 05.09.2012

Read More: Bank of America Shareholder Protests, Bank of America Shareholders Meeting, Bank of America Shareholders, Occupy Wall Street, Business News, Bank of America Protests, Slideexpand, Bank of America Foreclosures, Occupy Movement, Business News

Americans angry at Bank of America tried to communicate their frustration to the bank on Wednesday, quite literally. Protesters gathered outside o...

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PHOTOS: Protestors Collect Trash From Foreclosure, Deliver To Bank

Posted 05.07.2012

Read More: Foreclosures, Trash Delivered to Bank, Miami News, Bank of America, Foreclosed Properties, Miami Workers Center, Foreclosure News, Liberty City, Slideexpand, Foreclosure Miami, Bank of America Foreclosures Home, Bank of America Foreclosures, Miami Liberty City, Video, Bank of America Bad for America, Bank of America Liberty City Foreclosure, Miami Impact, Miami Workers Center May 3, Bank of America News, Bank America Trash in 2012, Foreclosed Homes, Abandoned Property Foreclosure, Miami News

Neighbors from Liberty City rallied together Thursday to gather trash at an abandoned, foreclosed home and then deliver the garbage to a downtown bran...

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Mother, Disabled Daughter Forced Out Of Home Even After BofA Modification

Posted 04.13.2012

Read More: Foreclosure Fails, Hamp, Foreclosure Crisis, Video, Loan Modifications, Business News, Bank of America, Dirma Rodriguez, Bank of America Dirma Rodriguez, Bank of America Foreclosure Fails, Slidepollajax, Bank of America Foreclosures, Business News

A Los Angeles-area woman and her severely disabled daughter were forced to flee their home of 25 years in a matter of minutes, allegedly in large part...

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Behind Every 'Distressed Asset' Is a Distressed Human Being

Joel Sucher | Posted 03.30.2012

Read More: Mortgage Crisis, Shaun Donovan, Bank of America Foreclosures, Subprime Mortgage Crisis, Offthebus, Foreclosure Crisis, Robo-Signing, Legacy Assets, Distressed Assets, Politics News

Shaun Donovan, with his engineering of the robo-signing settlement, has done his best to emulate former President George W. Bush's "mission accomplished" moment, trying to spin the deal as some sort of resolution.

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This Is Not A Misprint: Good News For Some Homeowners With Bank of America Loans

HuffingtonPost.com | Ben Hallman | Posted 03.08.2012

Read More: Ira Rheingold, Shaun Donovan Hud, Mortgage Settlement, Bank of America, Hud, Bank of America Home Loans, Bank of America Mortgages, Shaun Donovan, Housing and Urban Development, Bank of America Foreclosures, Foreclosure Settlement, Business News

For once, now might be a good time to have a Bank of America home loan. Under the $25 billion foreclosure settlement signed last month, Bank of Ame...

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Why The AG Settlement Is Good For Communities Of Color

Janet Murguía | Posted 04.10.2012

Read More: Latinos, Kamala Harris, Attorneys General, Blacks, Nclr, National Council of La Raza, Foreclosure, Bank of America Foreclosures, National Urban League, Latino Prosperity, Latino Voices News

State Attorneys General (AG) arrived at a $25 billion agreement with mortgage servicers in response to the "robosigning" scandal that broke 18 months ago.

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BofA Nearly Forecloses On Man's House Because Of Typo

Posted 01.05.2012

Read More: Bank of America Foreclosure, Bank of America Foreclosure Mistakes, Foreclosure Mistakes, Video, Bank of America Typo Foreclosure, Bank of America Foreclosures, Business News

Tom Mudie pushed one wrong button and it almost cost him his house. The Tampa Tribune reports that Mudie was put into a mortgage modification progr...

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Feds Defend Mortgage Giants In Suit Against Chicago

The Huffington Post | Jen Sabella | Posted 12.15.2011

Read More: Cook County Vacant Buildings Ordinance, Fannie and Freddie, Vacant Buildings, Federal Housing Finance Agency, Chicago News, Vacant Buildings Ordinance, Housing Crisis, Bank of America Foreclosures, Home Foreclosures, Action Now, Chicago Foreclosures, Feds Sue Chicago Housing, Federal Housing Lawsuit Chicago, Vacant Houses, Chicago, Fannie and Freddie Chicago Lawsuit, Illinois, Vacant Housing Ordinance Lawsuit, Foreclosure, Chicago Impact, Chicago Vacant Buildings, Chicago News

This summer, residents and community organizers called on Chicago's City Council to do something about the vacant, foreclosed properties that were bec...

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Man Suing BofA For Giving His Account To Another Man With The Same Name

Posted 11.17.2011

Read More: Video, Bank of America Blunders, Bank News, Bank of America, Business News, Konstantinos Alexopoulos Bank of America, Bank of America Foreclosures, Bank of America Debit Card Fees, Business News

One man is suing Bank of America after the company allegedly handed over his account to another customer with the same name. Konstantinos Alexopou...

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Bank Of America CEO 'Incensed' That So Many People Keep Pointing Out How Awful His Bank Is

HuffingtonPost.com | Jason Linkins | Posted 12.26.2011

Read More: Eat the Press, Brian Moynihan, Video, Bank of America, Bank of America Foreclosures, Bank of America Debit Card Fees, Politics News

I'm sure you remember where you were when you heard that Bank Of America announced that after receiving taxpayer bailouts, it was going to institute a $5 monthly fee for the privilege of using your debit card. "Well, that's exactly why I saved Bank Of America in 2008," you probably said, because you are a Good American. "I look forward to my new negative-interest checking account," you probably added. Well, apparently you Good Americans are in short supply, because according to Bloomberg News this morning, BofA Chief Executive Officer Brian T. Moynihan has been inundated by a bunch of Negative Nancies, and the experience has left him feeling "incensed."

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Think Suing The Bank Will Stop Your Foreclosure? Think Again

AP | JACOB ADELMAN | Posted 11.08.2011

Read More: California Bank Lawsuits, Bank of America Lawsuit, Bank of America Foreclosures, California Foreclosure Lawsuits, Kamala Harris, Los Angeles News

LOS ANGELES — A Los Angeles judge has issued an injunction prohibiting several lawyers, direct marketers and call center operators from continui...

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Obama Administration Takes Shots At Bank Of America, JPMorgan

AP | DEREK KRAVITZ | Posted 11.01.2011

Read More: Mortgages, Treasury Department, JPMorgan Chase, Mortgage Lenders, Obama Foreclosure Program, Jpmorgan, Wells Fargo, Bank of America, Bofa, Jpmorgan Foreclosures, Bank-of-America, Bank of America Foreclosures, Business News

WASHINGTON — Two of the nation's largest mortgage lenders are not doing enough to help Americans avoid foreclosure, the Obama administration sai...

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Can Emanuel Plan Help Chicago Communities Torn Apart By Foreclosures?

Posted 10.17.2011

A new recovery program will rely on community groups to identify viable foreclosed properties in nine Chicago neighborhoods hard-hit by the foreclosur...

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'Banks Got Bailed Out, We Got Sold Out'

HuffingtonPost.com | Will Guzzardi | Posted 10.10.2011

Read More: Vacant Buildings, Bank of America, Vacant Buildings Ordinance, Bank of America Foreclosures, Housing Crisis, Home Foreclosures, Action Now, Chicago Foreclosures, Marsha Godard, Vacant Houses, Chicago, Foreclosure, Illinois, Chicago Impact, Chicago Vacant Buildings, Chicago News

Marsha Godard is an outspoken, 52-year-old woman from the Lawndale neighborhood on Chicago's West Side and a customer at Bank of America. On the morni...

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Side Deal With Bank Of America Would Cede Liability In Exchange For Homeowner Relief

HuffingtonPost.com | Shahien Nasiripour | Posted 10.02.2011

Read More: State Attorneys General, Robo-Signing, Bank of America Foreclosure Fraud, Bank of America, Foreclosure Fraud Investigation, Foreclosure Fraud, Foreclosure Investigation, Bank of America Foreclosures, Business News

WASHINGTON -- Federal and state prosecutors are in advanced negotiations with Bank of America in pursuit of a settlement that would forgive the bank f...

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Official: Bank Of America 'Significantly Hindered' Federal Investigation

HuffingtonPost.com | Shahien Nasiripour | Posted 08.13.2011

Read More: Mortgage Investigation, HUD IG, Inspector General, Hud Inspector General, State Attorneys General, Mortgage Securities, Bank of America, Bank of America Mortgage, Bank of America Foreclosures, Foreclosure Investigation, Video, Business News

NEW YORK -- Bank of America, the largest U.S. bank by assets, "significantly hindered" a federal investigation into the firm's faulty foreclosure prac...

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Foreclosure Fraud Price Tag Four Times Higher Than Banks' Initial Proposal

HuffingtonPost.com | Shahien Nasiripour | Posted 08.06.2011

Read More: Wells Fargo Foreclosures, Foreclosure Crisis, State Attorneys General, Tom Perrelli, Attorneys General, Citigroup Foreclosures, Thomas Perrelli, Foreclosure Fraud, Bank of America Foreclosures, Foreclosure Investigation, Jpmorgan Chase Foreclosures, Business News

WASHINGTON -- The nation's largest mortgage companies are operating on the assumption that they will have to pay as much as $20 billion to resolve cla...

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Obama Administration Scales Back Proposed Homeowner Relief Effort Over Alleged Foreclosure Abuses

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Wells Fargo Foreclosures, Foreclosure Crisis, Foreclosure Fraud, Wrongful Foreclosures, Bank of America Foreclosures, Jpmorgan Chase Foreclosures, Foreclosure Abuses, Tom Miller, Foreclosure Probe, Foreclosure Investigation, Video, Business News

The Obama administration has significantly diminished a proposed homeowner relief program that initially aimed to force the nation's five largest mort...

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New York Judge Orders Foreclosure Lawyers Held Accountable For Accuracy Of Paperwork

AP | DAVID B. CARUSO and ALAN ZIBEL | Posted 05.25.2011

Read More: Foreclosures, Foreclosure Crisis, Jonathan Lippman Foreclosures, Jonathan Lippman, Ally Financial, Bank of America, Ally Financial Foreclosures, Foreclosure, Housing Crisis, Bank of America Foreclosures, Mortgage Crisis, Business News

NEW YORK — The chief judge of New York's courts on Wednesday imposed a new rule requiring lawyers handling foreclosures to verify that all paper...

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Wikileaks Targeting Bank Of America? Interview Suggests Mega-Bank May Be Next

The Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Wikileaks American Banks, Wikileaks BofA, Julian Assange, Bank of America Lawsuits, Wikileaks Bank of America, Wikileaks, Forbes, Bank of America Foreclosures, Business News

UPDATE: In a new blog post, Forbes writer Andy Greenberg stops short of ruling Bank of America out as the target of WikiLeaks' next major document dum...

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Lenders Put the Lies in Liar's Loans, Part 2

William K. Black | Posted 05.25.2011

Read More: Bank of America, Subprime Mortgages, Liar Loans, Bank of America Foreclosures, Business News

It strains all credulity to think that millions of working class Americans managed to defraud financially sophisticated lenders. And yet that's what bank apologists insist.

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Let's Set the Record Straight on Bank of America, Part 2: Eliminating Foreclosure Fraud

William K. Black | Posted 05.25.2011

Read More: Bank of America, Bank of America Foreclosures, Countrywide Financial, Business News

Fraud begets fraud. Bank of America created over $4 billion in "goodwill" and placed it on its books as an asset when it paid money to acquire Countrywide at a time when it was deeply insolvent on a market value basis.

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Let's Set the Record Straight on Bank of America: Open the Books!

William K. Black | Posted 05.25.2011

Read More: Bank of America, Home Foreclosures, Foreclosures, Foreclosure Crisis, Foreclosure, Bofa, Bank of America Foreclosures, Business News

While we welcome Bank of America's response to our two-part essay, "Foreclose on the Foreclosure Fraudsters," it does not actually respond to any of the facts or analytical points we made.

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Setting the Record Straight on Bank of America Foreclosures

Rebecca Mairone | Posted 05.25.2011

Read More: Foreclosures, Bank of America, Foreclosure Crisis, Foreclosure, Bank of America Foreclosures, Business News

Foreclosure is a wrenching personal situation for too many people. In their recent post, "Foreclose on the Fraudsters", William K. Black and L. Randall Wray do nothing to illuminate the challenges they face.

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Robo-Signer For Bank Of America Speaks: 'I Had No Idea What I Was Signing'

CNN Money | Tami Luhby, Senior Writer | Posted 05.25.2011

Read More: Foreclosure Sales, Foreclosure Paperwork, Foreclosure Crisis, Tam Doan, BofA Robo-Signers, Countrywide Financial, Bank of America, Foreclosure Lawsuits, Banks, Tam Doan Robo-Signer, Foreclosure Fraud, Robosigner, Bank of America Foreclosures, Business News

NEW YORK (CNNMoney.com) -- It only took him a second to sign each foreclosure document. That's how good Tam Doan got at his job in Bank of America's ...

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