Today’s Foreclosure NewsAs a part of the new financial overhaul law enacted this week (aka Dodd-Frank Wall Street Reform and Consumer Protection Act) there were a few little acorns tucked away in the 848 pages of the act. One of them extended the Protecting Tenants at Foreclosure Act (PTFA) – instead of it vanishing at the end of 2012, it now is alive until [...]
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If you’ve ever applied for a credit card, a student loan or a mortgage, you know the feeling of signing your name to pages of barely understandable fine print,,, but what often happens as a result is that many Americans are caught by hidden fees and penalties, or saddled with loans they can’t afford. Barack [...]
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Bank of America N.A. and its wholly owned subsidiary, BAC Home Loans Servicing LP, have been sued by 15 homeowners and the Texas Housing Justice League for abusive servicing practices. The Texas suit alleges: This lawsuit complains … of a systematic home loan servicing scheme that includes hours of telephone runaround, misleading and inconsistent information, [...]
Filed under: Advice for Borrowers, National Foreclosure News, Ohio, Texas | 7 Comments »
