In addition to two new regional appointments, Cleveland-based lender adds new corporate trainer to keep pace with regulatory changes.
Read More »And the 2020 Lifetime Achievement Award Goes To . . .
This year’s award recipient was revealed at the Five Star Virtual Conference. Click through to see which industry leader was called “direct,” “passionate,” a “performer,” and filled with “integrity.”
Read More »Big Four U.S. Banks Report Widespread Loan Deferral
As homeowners and other borrowers seek debt relief during the coronavirus pandemic, America’s four largest banks report at least $151.5 billion in loans with payments in deferral at midyear.
Read More »Court: Borrower Waived Pre-Foreclosure Right to Meeting
Bank of America argued it was not required to conduct the face-to-face meeting because after defaulting on the note and mortgage the borrowers demanded “the bank cease all communication” with them.
Read More »BofA CEO Talks Response to COVID-19
Brian Moynihan discussed what his bank is doing to help those impacted by the virus and mortgage forbearance programs.
Read More »CFPB Grants Bank of America No-Action Letter
The Bureau granted the No-Action Letter regarding the bank’s funding arrangements with housing counseling agencies certified by the U.S. Department of Housing and Urban Development.
Read More »Why Some Homeowners Won’t Reconsider Renting
A new study by Bank of America gives insights into how homeownership can result in positive lifestyle changes for Americans.
Read More »U.S. Bank Sues Bank of America Over RMBS Issues
The suit ties back to $2 billion in defective residential mortgage-backed securities sold by BofA predecessor company First Franklin Financial Corp amidst the 2008 financial crisis.
Read More »Consolidated Analytics Appoints Tony Meola
Tony Meola has been appointed to the Board of Consolidated Analytics to help the team's and the organization's growth.
Read More »BofA Offers New Solution for Low-Down Mortgage
Bank of America has announced a $0 lender origination fee for low-down payment mortgages.
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