Bank of America (NYSE: BAC) has a lot of explaining to do. According to a Pittsburgh, Pennsylvania woman, the bank took not only her home but also hung on to her parrot even after proof was offered Bank of America had the wrong house. The woman filed a lawsuit today against Bank of America.
Bank of [...]
All Posts Tagged With: "foreclosures"
Bank of America Hijacks Parrot, Forecloses Wrong House
Your Rights When Your Rental Is In Foreclosure
While homeowners and other players in the housing and mortgage industry have been covered in detail in the news during the recent financial crisis, one group of society that has been neglected is renters. Many have been forced to find somewhere else to live because their landlord’s property went into foreclosure. Evictions among renters wants [...]
June 23rd, 2009 | tisha | Comments | Continued
Homeowner Affordability and Stability Plan and What It Could Mean for You
President Obama recently announced the details of the Homeowner Affordability and Stability Plan, also known as the Making Home Affordable Program, which will allow some homeowners the opportunity to refinance their mortgages using a streamlined process. Between 7-9 million americans may be able to refinance their mortgage at today’s lower rates. The plan will also [...]
March 18th, 2009 | tisha | Comments | Continued
Conservative Homeowners Are Not the Main Factor in Foreclosure Problems
While the estimated losses of first mortgages come in around $180 million, it is not the live-in homeowners that are causing the financial crisis in the market. It appears that the biggest losses actually originate from commercial real estate loans and investment property loan. Houses also “built on speculation” are also a part of the [...]
October 7th, 2008 | tisha | Comments | Continued
5 Things to Look for in a Realtor
With the real estate industry in a tizzy due to foreclosures and downsizing of family homes, it is more important that ever to make sure that you make the right choices when it comes to trusting the sale of your home through a realtor.
There are several things to think about before signing a commitment with [...]
E*Trade and Bank of America Get What’s Coming to Them for Offering Exotic Mortgages
For the last five years or so, many of the nation’s major banks and financial institutions have been originating all sorts of non-traditional mortgages such as interest only loans, adjustable rate mortgages, mortgages with balloons, fifty year mortgages, and a whole slew of other financial products that no consumer should ever buy. Unsurprisingly, many consumers [...]
November 19th, 2007 | admin | Comments | Continued



