Ending months of speculation, Bank of America Corporation (BAC) has finally reached a $16.65 billion settlement with the U.S. Department of Justice (:DOJ), a few other regulators and Attorneys General (AGs) of six states. This cheered investors, with the shares raising more than 4.1% to close at $16.
BOSTON, July 5, 2016 /PRNewswire/ — Eric D. Green, independent Monitor of Bank of America’s August 20, 2014, mortgage settlement with the U.S. Department of Justice and six states, today announced.
· Bank of America 2nd settlement without financials? Quick question for anyone who has successfully settled a Heloc with Bank of America without sending in financials. I havent made a payment on loan of 50k since 11/2011. The loan was charged off in August and i have been following the stradegy for settling 2nd with them.
Bank of America agreed to pay $16.65 billion to end investigations into mortgage securities that it sold in the run-up to the financial crisis.
· Evan! I too just received a letter from BofA stating that my loan will transfer to Specialized Loan Servicing on 10/31/12. Evan, is this good or bad? As you all know, I am in the middle of BofA trying to determine again, if I qualify for the DOJ National Mortgage Settlement.
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(Reuters) – Bank of America Corp and the U.S. Department of Justice (DOJ) have reached an impasse in negotiating a reported citing people briefed on the matter. The talks stalled on Monday after the bank’s.to the bank’s mortgage investments, the New York Times
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Attorney General Eric Holder and Associate attorney general tony west announced today that the Department of Justice has reached a $16.65 billion settlement with Bank of America Corporation – the largest civil settlement with a single entity in American history – to resolve federal and state claims against Bank of America and its former and current subsidiaries, including Countrywide.
LPS settles with Delaware AG over DocX loan documentation allegations LPS settles foreclosure charges in delaware. jacksonville-based lender processing services Inc. last week announced it has reached a settlement with the Delaware attorney general in a foreclosure-related investigation. The state of Delaware was investigating allegations that LPS subsidiary DocX falsified documents used in foreclosure proceedings.