Single-family housing starts improve This statistic presents the number of single-family housing unit starts in the United States from 2000 to 2017 and a forecast thereof for 2018 and 2019. In 2017, there were 849 thousand single.
Bank of America Illegal Foreclosure Leads to $6 Million. – Erik and Renee Sundquist have won their eight year long battle with Bank of America illegally foreclosing on their home, reaching a $6M settlement.more here.
Quicken Loans parent company Rock Holdings acquires Canadian fintech company Lendesk Vancouver, Canada (April 24, 2019) – Lendesk, Canada’s premier FinTech company providing technology to connect mortgage brokers with the country’s top lenders, today announced Rock Holdings, the parent company of Quicken Loans, the United States’ largest mortgage lender, has acquired a majority stake in the company. Under the agreement.
Foreclosure Fortune Buys Bugatti, Yacht for Attorney – His foreclosure-processing business has generated hundreds of millions of dollars in revenue preparing documents for the cases that his law firm brings on behalf of lenders seeking. lawsuit. Hilton.
California Bay Area home sales hit 5-year high The Bay Area housing market roared forward in July as prices rose and sales hit an eight-year high, a real estate information service said. Buyers purchased 9,339 new and resale houses and condos last month in the nine-county region, the highest for a July since 2005, DataQuick said.
Bank of America Paid Bonuses to Foreclose: Lawsuit – Bank of America routinely denied qualified borrowers a chance to modify their loans to more affordable terms and paid cash bonuses to bank staffers to push homeowners into foreclosure, according.
Bank of America Faces Class Action Over Alleged Mortgage. – Seattle, WA: A consumer banking deceptive practices class action lawsuit has been filed alleging that Bank of America (NYSE:BAC) created and headed an illegal enterprise designed to defraud homeowners seeking loan modifications as part of the government’ Home Affordable Modification Program, or "HAMP."
Firm Blasts Akerman, BofA For Inclusion In Property Sale Spat – Angius & Terry LLP asked a Nevada federal court Wednesday to toss it from Bank of America NA’s suit stemming from a homeowners association’s foreclosure sale and asked for enough sanctions to.
The Lawyer Behind the Bank of America Settlement – DealBook – 4:40 p.m. | Updated DealBook doesn’t have a lawyer of the day award. But if it did the nod would go to Kathy D. Patrick, a litigator at a small Houston firm who stared down Bank of America and secured an $8.5 billion settlement for her clients – and an $85 million payday for her and her partners.
Bank of America Lied to Homeowners and Rewarded Foreclosures. – Bank of America employees regularly lied to homeowners seeking loan modifications, denied their applications for made-up reasons, and were rewarded for sending homeowners to foreclosure, according.
Moody’s warns of jumbo mortgage strategic defaults This was the deal! If you convinced risky and broke Joe to take a $300.000 mortgage at 11 percent for 30 years and then, with more than a little help from the credit rating agencies, you could convince risk-adverse Fred that this mortgage, repackaged in a securitized version, and rated AAA, was so safe that a six percent return was quite adequate, then you could sell Fred the mortgage for $510.Brutal weather impacts Illinois home sales Florida AG joins CFPB, FTC enforcement sweep On the passage of the law by the state Senate, current attorney general pam Bondi promised greater enforcement of the data breach law. businesses in Florida (and possibly those outside the Sunshine.'If you don't have to be outside, don't': Chicago braces for brutal temperatures. according to the National Weather Service, with a daytime high of about minus 14 on. From ramped-up food delivery to work-from-home policies, Chicago. use heat lamps and stay inside station houses until trains arrive.
More foreclosure irregularities alleged in Maryland – The complaint, filed last week by a paralegal formerly employed by the Shapiro & Burson law firm, lays out. with complaints from homeowners about mortgage servicers who are supposed to be.
California Foreclosure Filings Drop 19%: ForeclosureRadar U.S. foreclosure filings fell last month to the lowest. chief executive officer of ForeclosureRadar.com. His firm tracks sales of foreclosed properties in Arizona, California, Nevada, Oregon and.
Schneiderman Says Foreclosure Deal Shouldn’t Block State Probes – Some mortgage servicers, including Bank of America. of the law firm in court and to parties representing individuals in foreclosure, according to the person, who declined to be identified because.
Class Actions by State – Chase Home Finance Sucks – Homeowners File Class Action Lawsuit Against JPMorgan Chase. Citimortgage ; Loan Servicer Allegedly Grabbed TARP Cash, Stiffed Loan mod-seeking homeowners hamp. ohio CLASS ACTION: FMR AG Files Class Action Against Law Firm TURNER v.. 15 texans file class action suit against Bank of America.