BofA Rolls Out $8.4 Billion Loan Mod Program

25% of Homes with a Mortgage are Now Equity Rich! – Maggie Rose, Realtor, Presents South West Florida Luxury Homes The Herald reports that South Florida’s negative equity numbers are high: 47.7 % of all single-family homes carrying a mortgage are underwater right now. This time last year, that number was 43.5%. So, negative equity is rising in our own backyard.

Bank of America today announced record-breaking person-to-person (P2P) payments use, as the company’s active Zelle users have already completed more transactions this year than in all of 2018. In less than nine months, Bank of America clients sent and received a total of 163 million transactions, compared to 157 million transactions throughout 2018.

Home Mortgage Boca Raton | South Florida Mortgage The lowest mortgage rates in 20 years helped boost. Realty in Boca Raton. "But we’re getting a lot of people who rented for a while to regroup and now they’re coming into the market up here.".

Bank of America rolls out $8.4 Billion Loan Mod Program for Countrywide Loans This is very good news for people who have Countrywide option arm loans. See the full story here:

City of PSL: Water Quality Restoration/Storage Project Mortgage Masters Group SHOPPING SUPER MALL The future of Huntsville’s first Super Mall is uncertain as owners CBL & Associates deliberate possible redevelopment options for the struggling 30-year-old enclosed shopping mall at University Drive.iStock; realtor.com. Ah, a kitchen remodel. It might be the most popular renovation to tackle, but it can also be a serious source of anguish for any homeowner on a budget (and wh

The plan is designed to make the company take less risk, generate more revenue out of existing. target of $1 billion, according to the document provided to top management. In the run-up to the.

Erik and Renee Sundquist have won their eight year long battle with Bank of America illegally foreclosing on their home, reaching a $6M settlement. Oppenheim Law shares more here.

The administration is working on a plan to spend $50 billion on foreclosure prevention and establish national standards for modifying home loans. "We stand ready to work with you to put the.

Bank of America Merrill Lynch Community development banking (cdb) reported providing nearly $4 billion in loans, tax credit equity investments, and other real estate development solutions to create housing for individuals, families, veterans, seniors, and the formerly homeless across the United States in 2016.

A Tale of Two Markets [INFOGRAPHIC] When to Sell and Buy a Move-Up Home! Mortgage Masters Group If you can’t say yes to all of the above, then hold your home-buying horses. No home is worth putting your financial security at risk. For the rest of us, the safest and smartest plan is to sell before you buy. Here are five steps that will help you sell your home before buying a new one. 1. plan Your Schedule for Selling and Buying a HomeInventory continues to rise in the luxury & premium home markets which is causing prices to cool. Demand continues to rise with low inventory in the starter & trade-up home markets, causing prices to rise! A Tale of Two Markets [INFOGRAPHIC] A Tale of Two Markets [INFOGRAPHIC]

FORTUNE – Taxpayers may not realize it, but they just bailed out Bank of America again, this time to the tune of more than a half billion dollars. The Charlotte, NC-based bank was one of the.

Bank of America has agreed to settle claims brought by state attorneys general regarding risky loans originated by Countrywide, in a deal that could be worth more than $8.4 billion.

based servicer to purchase all modified loans out of affected securitization trusts.. much as $8.4 billion, has led a group of investors to sue Bank of America Corp.. Countrywide first announced the loan modification program on Oct. 6, a dissent to the mass loan modification programs being rolled out by.

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Under the settlement, which is the largest predatory lending settlement in history, the mandatory loan modification program will provide immediate relief to homeowners who were put into the riskiest types of loans. Nationwide, approximately 400,000 borrowers are expected to receive modifications of their loan at a total cost of $8.4 billion.