Tag Archive: bank of america

Jul 22

Super Successful Loan Mods of the Week

Before: These Florida homeowners were past due $173,115.13 or 34 monthly mortgage payments. Their monthly payment was $2,174.71 with a fixed interest rate at 7%. After: Payment decreased by 1,154.38. Loan balance will be decreased by $108,241.18. Homeowners received a permanent loan modification with Bank of America with a new monthly mortgage payment of $1,020.33 …

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Jun 24

Lawsuit vs. Lenders

If banks cannot come to an agreement with at least two Attorneys General (Illinois and North Carolina) regarding their role in the foreclosure crisis, a lawsuit will be forthcoming. A multi-billion dollar fine and a principal reduction or writedown plan for current homeowners has been discussed by the federal government, including the U.S. Justice Department, …

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Jun 08

Three Strikes – Bank of America is OUT!

Collier County, Florida – After actually paying CASH for their home which had previously been owned by Bank of America, the bank had the audacity to issue a foreclosure on Warren and Maureen Nyerges’s home. This proves that Bank of America is unaware of or does not care what harm they are causing homeowners. After …

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Jun 03

Amerihope Alliance: Taking Aggressive Action Against Unscrupulous Lending Practices via Joinder Lawsuit

A top rated Florida law firm that has successfully negotiated over 3000 loan modifications, Amerihope Alliance is going a step further. Responding to unscrupulous lending practices defrauding thousands of Florida homeowners, Amerihope Alliance is fighting back with a mass joinder lawsuit on behalf of its clients. This mass joinder lawsuit is the rallying of frustrated …

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Feb 14

Banks Asks Their Victims To Come Back For More

Bad Business In 2010, Bank of America paid out $137 million to settle accusations of “defrauding schools, hospitals, and dozens of state and local government organizations via misconduct and illegal activities involving the investment of proceeds from municipal bond sales.” Investigations continue against bank employees, but the banks’ business has continued unaffected.

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