New Orleans An analyst believes the exposure for Bank of America on its foreclosure mess and incompetence could be as high as $70 billion USD. Bank stocks fell across the board. Other reports finally reveal what the slapdash servicing arms of the banks were hiring what they called “Burger King Kids” who insiders now admit …
Tag: Foreclosure
Finally Fix Foreclosure Fiasco
Delhi I may be walking at dawn with the elderly Indians in the M-Block welfare association park as they do their yoga, clap, laugh, and ommm or I can watch the bamboo frame for a puja tent going up for a coming celebration, but when I look at my email, it’s all still about …
No Appeals Process on Loan Modifications
Phoenix The relentless rise of foreclosures through metro Phoenix continues unabated, as borrowers try to hang on and many assisting beleaguered homeowners tear their hair in frustration in dealing with unaccountable and uncommunicative lenders and an inept government. I spent a chunk of my day reading the handbooks and guidelines for the HAMP program (Home …