Although Fannie Mae, Freddie Mac and several other large lenders are claiming a Holiday Gift with their self imposed foreclosure freeze sadly it won’t help Texans one single bit! This “gift” is nothing more than a shameless attempt at improving their poor public image. Why won’t it help Texans? Because although they will suspend foreclosures [...]
Bank of America’s fraud causes foreclosure halts!
October 3, 2010 By 3 Comments
Stay tuned as Bank of America has started pulling foreclosures in 23 states just as Chase & GMAC/Ally. On the other hand, Wells Fargo claims that they have the documents in order. Really, hey Wells Fargo, watch this blog as on Monday I’ll post your fraudulent Notice of Sales here in Texas. – The Bank [...]
Is your mortgage modification trials rolling past 3 months?
August 23, 2010 By Leave a Comment
Have three months have past by and you’re still awaiting your “permanent” modification? As Gomer Pyle says, Surprise, surprise, surprise. USA Today points out that Chase & Bank of America just don’t quite seem to know how to calculate three months. It seems three is the same as five or six or NEVER! Unfortunately, this [...]
Bank of America Sued In Texas For Abusing Homeowners with Misinformation and Misdirection
July 8, 2010 By 1 Comment
For the most part BAC Home Loans Servicing, LP is the pits. Faxing documents several times in a row because BAC “lost them” or got a new fax number has been the norm for a long time. Before Equator kicked in (which is a whole other story) Bank of America was consistently the slowest servicer [...]
Wilshire Credit Corp now part of IBM
March 9, 2010 By Leave a Comment
IBM announced that it has finalized its acquisition of the core operating assets of Wilshire Credit Corporation from Bank of America Corporation (NYSE: BAC). The initial agreement to acquire Wilshire assets was announced on October 5, 2009. If your mortgage is serviced by Wilshire this could be great news for you. Wilshire has been notorious [...]
