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Tag: Bank of America

Foreclosure Circus Act? Banks Apologize and Homeowners Suffer, Roy Oppenheim Responds

It is not just the daily news, it is the hourly news. The Wall Street Journal and The New York Times are reporting multiple stories daily about the unfolding developments and ramifications of the recent suspensions by four major companies that service mortgages and how this crisis will undoubtedly slow the housing recovery. Roy Oppenheim wrote a letter to the […]

Why Foreclosure Judges Should Go To More High School Homecoming Football Games

Last night was a truly special night. It may have been the highlight for me as a Dad! I was my daughter’s escort as she was a finalist for High School Homecoming Queen. The game was close for most of the night and down by a touchdown. It was late in the fourth quarter. And then the big play came […]

Oops…They Did It Again – Another Wrongful Foreclosure

Taking after Britney Spear’s colossal “Oops…I did it again” hit song from 2000, Bank of America has accidentally foreclosed on a home for the third time in less than a year! “I honestly felt like Bank of America was trying to steal my property”, said Nancy Willmes, who had paid cash for her home from Fannie Mae, who had foreclosed […]

Underwater, But Mortgage Tides Turning: Mortgage Principal Reductions are Coming

WOW: What a week for folks who are looking for ways to bailout their family from the underwater mortgage mess. The tide may be turning. This third week of March 2010 will long be remembered for when tides started to truly turn for those families with underwater mortgages. First, of course the historic health bill was passed by Congress and […]