Another loan in the FHFA vBoA lawsuit – interest accrual for months after home is “liquidated” to new party

Posted by 4closureFraud on September 12, 2011 · 6 Comments 

Another loan in the FHFA vBoA lawsuit – interest accrual for months after home is “liquidated” to new party Another loan in a trust/tranche that is named in the FHFA v BoA lawsuit.  This loan is in collateral group 4 in STALT 2005-1F trust. This loan, for $136,000, was stated to be an 80% LTV … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud

More Foreclosures | Bank of America to Slash 30,000 Jobs to Save Billions

Posted by 4closureFraud on September 12, 2011 · 50 Comments 

Bank of America Issues Statement on New BAC CHARLOTTE – Bank of America today issued the following statement following the company’s presentation at the Barclays Capital 2011 Global Financial Services Conference. Bank of America’s Project New BAC is key to the company’s strategy of focusing all of its resources on serving individuals, companies, and institutional … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, Foreclosuregate, freddie mac, Front Page, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud