Recent Posts in Bank of America Category
Posted on Jun 1, 2011 By Deborah A. Carman, Esq.
Realizing that the likelihood of ever regaining the equity lost in his Lake Worth home was not good, our client focused on a Strategic Default and sought the advice of several well-known Florida ...
Continue reading "Most believe that there is no way out for Florida’s underwater homeowners, but this is not the case!" »
Posted on Apr 26, 2011 By Florida Foreclosure Defense Attorney
The Carman Law Firm, one of South Florida's most experienced foreclosure defense firms is happy to announce that it has once again avoided foreclosure for another of its many real estate investor ...
Continue reading "Carman Law Firm settles another Bank of America 2nd mortgage for 10% of the outstanding balance" »
Posted on Mar 14, 2011 By Admin
The WikiLeaks-allied hacker group Anonymous has posted a series of emails purported to be from a former Bank of America employee, which the organization says prove "corruption and fraud" at the ...
Continue reading "Bank Of America Anonymous Leak Alleges 'Corruption And Fraud'" »
Posted on Feb 21, 2011 By Admin
The criminal cloud hanging over the founder and former chief of Countrywide Financial Corp. has been lifted -- though that could change if ongoing civil litigation reveals new facts. Behind the ...
Continue reading "Former Countrywide Chief Escapes Criminal Prosecution " »
Posted on Dec 20, 2010 By Admin
Data released last week clearly indicates that we are on track for yet another million homes being lost to foreclosure in 2011. Although there has been a lot of talk about foreclosure filings ...
Continue reading "An Estimated One-Million Homes Will Be Lost to Foreclosure in 2011, the Time to Act is NOW!" »
Posted on Dec 17, 2010 By Deborah A. Carman, Esq.
As we reported previously the disorganization at banks has caused homeowners to lose their homes while still in the loan modification process… something that's not supposed to happen under the rules ...
Continue reading "Banks Continue to Foreclose on Homeowners Seeking Loan Mods" »
Posted on Dec 13, 2010 By Admin
On Friday, Bank of America cleared their attorneys to proceed with 16,000 foreclosure cases in December as it completes a revamp of its procedures. On Oct. 1, Bank of America suspended foreclosures in ...
Continue reading "Bank of America restarts foreclosures" »
Posted on Nov 2, 2010 By Admin
"Many homeowners end up facing foreclosure solely on the basis of the arrears accumulated during a trial modification," said Julia Gordon , senior policy counsel at the Center for Responsible Lending, ...
Continue reading "Mortgage Modification Forcing Borrowers into Foreclosure" »
Posted on Oct 28, 2010 By Admin
Foreclosure: Shamjis keep their home By Harriet Johnson Brackey A Miramar homeowner who was facing foreclosure, despite securing a loan modification, will be allowed to stay in his house, according to ...
Continue reading "Court returns home to Miramar man who lost property to foreclosure " »
Posted on Oct 18, 2010 By Deborah A. Carman, Esq.
As I stated in my two most recent postings " A False Sense of Security " and " Hoping the Current Bank Crisis Gets You a Free Home " the halt on Florida foreclosures wouldn't last long and it hasn't… ...
Continue reading "Bank of America Announces Florida Foreclosures to start again next week" »
Posted on Oct 11, 2010 By Deborah A. Carman, Esq.
As the headlines continue my concern for Florida homeowners continues to grow. This past week alone I have spoken to an unprecedented amount of homeowners whom are already in, or facing foreclosure. ...
Continue reading "A False Sense of Security" »
Posted on Oct 6, 2010 By Admin
WASHINGTON (Reuters) - The U.S. Justice Department said on Wednesday it was probing reports the nation's top mortgage lenders improperly evicted struggling borrowers from their homes as part of the ...
Continue reading "U.S. Justice Dept. probing foreclosure processes" »
Posted on Aug 13, 2010 By DEBORAH A. CARMAN, ESQ.
Over the past several months I've noticed a trend that I believe needs to be addressed. It involves homeowners that have their mortgage with Bank of America and are forced, due to financial hardship, ...
Continue reading "Bank of America, Short Sales and Equator" »
Posted on Jul 26, 2010 By Deborah A. Carman, Esquire
I'm truly saddened by this story and hope that those that have the opportunity to read this understand why I continue to stress the importance of hiring a competent, experienced foreclosure defense ...
Continue reading "Bank of America's error cost Cape Coral woman her home" »
Posted on Jun 29, 2010 By Deborah A. Carman, Esquire
As a push for short sales grows ever stronger many ask themselves why someone else is getting the better deal. According to CoreLogic more than 11 million borrowers currently owe more on their ...
Continue reading "Short Sales - Why is someone else getting the better deal?" »
Posted on Jun 8, 2010 By Carman Law Firm, P.A.
The Federal Trade Commission settled charges against two Countrywide mortgage servicing companies for $108 million, which is one of the largest judgments imposed in an FTC case, and the largest ...
Continue reading "Countrywide/Bank of America Settles One of the Largest Judgments Imposed in an FTC Case" »
Posted on Jun 2, 2010 By Carman Law Firm, P.A.
This morning executives at Bank of America rolled out their new "Principal Reduction Enhancement" program, which is an earned principal forgiveness plan for borrowers behind on their mortgages and ...
Continue reading "Great News for Florida Homeowners… Bank of America Rolls out their new "Principal Reduction" Program" »