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Loan Modification

: Loan Modification & Home Loan News

Delaware AG asks three banks to stop foreclosure proceedings

By Evan Bedard

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WASHINGTON ? Delaware Attorney General Beau Biden’s office sent letters Tuesday asking three mortgage lenders to suspend all pending foreclosures until the banks can review their policies. The letter also asks Bank of America Corp., JP Morgan Chase & Co. and Ally Financial Inc. officials to describe their foreclosure review and verification process, and provide [...]

Full post as published by Loan Modification & Home Loan News on October 06, 2010 (boomark / email).

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Bank of America Faces Class Action over Mortgage Foreclosure Practices

Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.

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