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NJ may bill mortgage lenders $2,000 per foreclosure (Reuters)
Reuters - A panel of New Jersey legislators on Monday approved a measure to make mortgage lenders pay $2,000 before taking a homeowner into foreclosure.

Bank of America to spend up to 8.4 billion on Countrywide (AFP)

Two men use an ATM at a Bank of America branch in Washington, DC. Bank of America said Monday it was ready to spend up to 8.4 billion dollars to restructure the loan portfolio of mortgage giant Countrywide following settlement of a lawsuit targeting the firm's "predatory" lending practices.(AFP/File/Karen Bleier)AFP - Bank of America said Monday it was ready to spend up to 8.4 billion dollars to restructure the loan portfolio of mortgage giant Countrywide following settlement of a lawsuit targeting the firm's "predatory" lending practices.




Bank of America settles suits over bad mortgages (AP)

In this Sept. 15, 2008 file photo, traffic passes a branch of the Bank of America in New York. Facing a lawsuit over deceptive mortgage practices, Bank of America Corp., said Monday, Oct. 6, 2008, it is agreeing to pay more than $8 billion to modify hundreds of thousands of loans to keep people from losing their homes.  (AP Photo/Mark Lennihan)AP - Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. is agreeing to pay more than $8 billion to modify hundreds of thousands of loans to keep people from losing their homes.




BofA in $8.6 billion settlement over Countrywide loans (Reuters)

A Bank of America branch is pictured in New York September 30, 2008. (Shannon Stapleton/Reuters)Reuters - As part of a settlement with state attorneys general that could be worth as much as $8.6 billion, Bank of America Corp said on Monday it would cut interest rates and principal on some troubled mortgages originated by Countrywide Financial Corp.




Regulator says Fannie, Freddie might sell bad assets (Reuters)
Reuters - Fannie Mae and Freddie Mac may sell some bad assets to the Treasury Department but a decision has not yet been made, the regulator of the two mortgage finance companies said on Sunday.


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LATEST ADDITIONS
 

Kimberly Davis - Re/max Central
July 6th, 2007

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Byron Chen - Exit First Choice Realty
July 6th, 2007

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Eva Wilson - Long & Foster Real Estate
July 6th, 2007

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Gregory D. Maley - Keller Williams Preferred Properties
July 6th, 2007

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Jack Lehman & Paul Rabstein- Weichert Realtors
June 18th, 2006

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