[JURIST] Arizona Attorney General Terry Goddard [official profile] filed a lawsuit [press release] against Bank of America (BOA) [corporate website] on Friday for misleading customers in mortgage modification and foreclosure practices. Specifically, the complaint [complaint; PDF] alleges that BOA violated a 2009 consent agreement, in which it agreed to develop and implement loan modification programs, [...]
Posts Tagged ‘mortgage loans’
Flagstar Bancorp, Inc. Closes Previously Announced Sale of $474 Million of Non-Performing Loans
November 15th, 2010
admin TROY, Mich., Nov. 15, 2010 /PRNewswire-FirstCall/ — Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, announced today that it has closed on its previously announced sale of approximately $474 million of non-insured non-performing residential first mortgage loans.   View full post on All Stories

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