Bank of America accused of misleading investors

CHARLOTTE, N.C. – Aug. 7, 2013 – Federal prosecutors announced a civil lawsuit Tuesday against Bank of America for ...

30-year mortgage falls to 3.41%

WASHINGTON – April 19, 2013 – Average U.S. rates on fixed mortgages fell closer this week to their historic lows,...

Tangled web ensnares foreclosure debacle

WASHINGTON – April 17, 2013 – A belated attempt by bank regulators to get compensation for homeowners who were fore...

Real estate market is picking up, but foreclosures expected to surge

GARFIELD HEIGHTS, Ohio – April 5, 2012 – Even as real estate sales are picking up across most of the...

Fed targets more banks for foreclosure errors

WASHINGTON – April 3, 2012 – A $25 billion foreclosure settlement among the nation’s five largest banks and feder...

Foreclosure trends put state courts in a pinch

TALLAHASSEE, Fla. – March 29, 2012 – Florida’s foreclosure crisis has affected more than homeowners, real estate ...

BofA to offer rentals as foreclosure alternative

NEW YORK – March 23, 2012 – Bank of America says it has begun a pilot program offering some of...

Mortgage settlement could lead to more scams

WASHINGTON – March 20, 2012 – The recent announcement of the $25 million mortgage settlement between five major ban...

U.S. makes $25 billion profit on mortgage securities

WASHINGTON – March 20, 2012 – The Obama administration announced Monday that taxpayers made $25 billion in profit o...

Gov’t files $25B mortgage settlement in court

WASHINGTON (AP) – March 13, 2012 – The government filed in federal court Monday a $25 billion settlement with the...

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