B of A Foreclosure [Bank of America – More Info Please]

B of A – Please Answer The Question Critics say, even if B of A [Bank of America] has only been foreclosing on property owners that are late and after appropriate loan-modification attempts, B of A’s statements have just ignored the most pertinent question. Rebel Cole, a law professor at DePaul University in Chicago, made…

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Foreclosure

Foreclosure – In The News Now In a recent hearing, called by the bipartisan Congressional Oversight Panel,  which was given the responsibility of monitoring the government’s foreclosure bailout programs, Sen. Ted Kaufman (D-Del.), the panel’s chairman said “if investors lose confidence in the ability of banks to document their ownership of mortgages, the financial industry…

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Facing Foreclosure: You Are Not Alone Nor Without Help

Mortgage Brokers Association statistics show that at the end of 2009, there were about 2.4 million loans foreclosing with about another 2.6 million heading that way being 90 days or over past due. Further, the Bureau of Labor statistics that posts national unemployment at 9.7 percent is a huge understatement since it does not take…

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