RSS

Tag Archive | "BOA"

Judge Orders BofA to Halt All Foreclosure Sales in Utah

Wednesday, June 9, 2010

0 Comments

Tweet A judge in St. George, Utah has issued a preliminary injunction stopping all foreclosure sales in the state by Bank of America and its subsidiary ReconTrust. The decision, by 5th District Court Judge James L. Shumate, was based on the grounds that the nation’s largest mortgage servicer and its related companies are not registered […]

Continue reading...

BofA Agrees to Pay $108 Million to Overcharged Countrywide Borrowers

Tuesday, June 8, 2010

0 Comments

Tweet Representing one of the largest judgments imposed in a Federal Trade Commission (FTC) case, two Countrywide mortgage servicing companies, now part of Bank of America Home Loans, have been ordered to pay $108 million to settle charges that they collected excessive fees from cash-strapped borrowers who were struggling to keep their homes. In a […]

Continue reading...