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bank of america will provide one-on-one counseling service to its homeowner customers facing possible foreclosure or who want to explore home loan modifications and other alternatives.
state grabs $7.7m of foreclosure settlement
the mortgage foreclosure fiasco has turned out to be a bonanza of sorts for mississippi state government. mississippi’s general fund will receive a $7.7 cash infusion from the national legal settlement state attorney general jim hood and 48 other attorneys general negotiated with giant mortgage servicers bank of america , citi, chase, gmac and wells fargo.
foreclosure stories: ferreting out fraud
after handling hundreds of foreclosure cases involving securitized loans, i can safely say that every single securitized loan transaction involves fraud of some sort. read more
foreclosure prevention event to be held thursday
a group of mortgage lenders and nonprofit housing organizations will hold a free foreclosure prevention event in milwaukee on thursday.