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More than a dozen mortgage servicers will be in Oceanside next week to help homeowners who are having trouble making their mortgage payments. Borrowers will be able to meet on Oct. 20 with housing counselors or representatives from mortgage servicers
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Jose Palomo was surprised when the knock on the door came in August, informing him that his California home had been foreclosed and he'd need to vacate promptly. After all, he'd recently started payments on an in-house mortgage modification with
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Significantly more properties entered the foreclosure process during August in the nation's hardest-hit markets, including battered parts of inland California and other areas in the West, as Bank of America Corp. stepped up its activity in states
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The nationwide effort looking into faulty foreclosures, which involves attorneys general from all 50 states as well as some federal agencies, was expected to have produced a settlement of more than $20 billion by now. But talks have stumbled over how
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Consumers who bought homes between 2006 and 2008 are growing increasingly frustrated with their mortgage servicers because they can't qualify for lower interest rates, according to J.D. Power and Associates' annual survey of mortgage servicer
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Luis Morales, owner of Andre's Wine and Spirits in Leonia, N.J., opened a business checking account at the Bank of America branch across the street from the shop when he acquired the business three years ago. Last year he closed the account in a huff
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The Guttenberg resident, a career consultant and life coach, said he is pulling his money out of the bank over what he calls a "sneaky" $3 check-imaging fee that showed up on a statement earlier this year. A teller told him he had to "opt out" of the
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Tens of thousands of Bank of America 's most distressed borrowers could be evicted and lose their homes more quickly as a result of a proposed settlement between the bank, which is the country's largest mortgage servicer, and investors in its
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Bair , who left her job as chairwoman of the Federal Deposit Insurance Corporation , will join the Pew Charitable Trusts in September as a senior adviser, the nonprofit organization said Friday...Bair will provide counsel to the nonpartisan group on
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Inc., a leader in business process automation software, today announced that its Clarifire application enables mortgage servicers to communicate directly with borrowers with its new feature, the Clarifire Community portal, while providing one "Single
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