Tweet By Eve Tahmincioglu | msnbc.com “Doesn’t it feel like Bank of America has finally broken us? Plagued with lawsuits and settlements; uproars over fee hikes; and a recent scathing article in Rolling Stone calling it “moronic and corrupt,” you would think the nation’s biggest bank would be put under asynchrotron, the world’s biggest microscope, by [...]
Entries Tagged as 'Foreclosure'
Why BofA’s latest plan is drawing little protest
March 30th, 2012 · No Comments · Foreclosure, Litigation, loan modification, News, Real Estate Law, Short Sales, Uncategorized
Tags:attorney jon coats·Bank of America has finally broken us·BofA rent-to-buy model·homeowners modify mortgages fl·jon coats law·jon coats real estate law fl·loan modification pinellas park fl·mortgage foreclosure crisis·mortgage help pinellas park fl·mortgage to lease·Mortgage to Lease program·pinellas park real estate attorney·real estate lawyer·real estate lawyer pinellas·save your home pinellas park fl·short sale attorney pinellas·Why BofA's latest plan is drawing little protest·www.JonCoatsLaw.com
BofA to offer rentals as foreclosure alternative
March 30th, 2012 · No Comments · Foreclosure, Real Estate Law, Uncategorized
Tweet updated 3/23/2012 10:24:40 AM ET “Bank of America says it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners. The “Mortgage to Lease” program, which was launched this week, will be available to fewer than [...]
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How foreclosures affect buyers and sellers
March 29th, 2012 · No Comments · Foreclosure, News, Real Estate Law, Uncategorized
Tweet By Marcie Geffner, bankrate.com “If anything is certain about the foreclosure crisis, it’s that it isn’t over. That fact has important implications, not only for people losing their homes, but also for those planning to sell or buy a home this year. As of January, about 3 million properties were in foreclosure, headed [...]
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Mortgage rates fall back below 4 percent again
March 29th, 2012 · No Comments · Foreclosure, loan modification, News, Real Estate Law, Uncategorized
Tweet By CHRISTOPHER S. RUGABER “The average U.S. rate on the 30-year fixed mortgage fell back below 4 percent this week, staying near historic lows. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan dropped to 3.99 percent from 4.08 percent last week. Last month, the rate touched 3.87 percent, the lowest [...]
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Foreclosure review deadline extended
March 29th, 2012 · No Comments · Foreclosure, News, Real Estate Law, Uncategorized
Tweet http://baynews9.com: “If you lost your home through foreclosure and think you were unfairly thrown off your property, you now have more time to seek financial compensation. The federal government has extended the deadline to get a free, independent review of your case. The deadline was April 30, but now, you have until July 31. [...]
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A Winding Path To Foreclosure: Graph
March 26th, 2012 · No Comments · Commercial Loans, Foreclosure, Litigation, loan modification, News, Real Estate Law, Short Sales, Uncategorized
Tweet Where it began: 1999… Click here: A Winding Path To Foreclosure: Graph
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Church Foreclosures Hit Record In 2011
March 11th, 2012 · No Comments · Foreclosure, News, Uncategorized
Tweet “* 2011 a record year for church foreclosures * Churches hit by credit bubble, some devalued. * Churches faulting, struggling with “balloon” payouts * Banks say church foreclosure last resort By Tim Reid LOS ANGELES, March 9 (Reuters) – Banks are foreclosing on America’s churches in record numbers as lenders increasingly lose patience [...]
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Q&A on Obama administration’s mortgage-aid plan
March 8th, 2012 · No Comments · Foreclosure, loan modification, News, Real Estate Law, Uncategorized
Tweet From: Associated Press | “The Obama administration is offering some relief to military service members, veterans and homeowners who have government-backed mortgages. Under a program President Barack Obama unveiled at a news conference Tuesday, the government would cut the fees it charges to insure those borrowers. The idea is that lower fees would [...]
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USDA to help rural homeowners refinance mortgages
March 5th, 2012 · 1 Comment · Foreclosure, loan modification, News, Real Estate Law, Uncategorized
Tweet By Mark Puente, Times Staff Writer “A U.S. Department of Agriculture pilot loan program could lower interest rates and reduce mortgage payments for more than 20,000 rural homeowners in Florida. The program will allow underwater homeowners in rural areas to refinance mortgages at interest rates between 3.5 and 4.5 percent. Underwater mortgage holders owe [...]
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