Thursday, August 16, 2012

Bank Of America Fails To Hold Up Its End Of Foreclosure Fraud Settlement

Bank Of America Fails To Hold Up Its End Of Foreclosure Fraud Settlement: When it comes to getting borrowers through foreclosure prevention programs, Bank of America has lagged the other large mortgage servicers in the country for years. Initially, the bank blamed its borrowers for the lack of success, before eventually acknowledging that its mortgage modification processes are wholly inadequate. According to a report today in Bloomberg News, [...]/p