Tag Archives: Bank of America

A 25-year industry veteran, Thorn will oversee a mortgage servicing portfolio of nearly $1.1 trillion in her new role.

This week, the latest installment in the DS News Webinar Series will be held on September 9, detailing how B2B integration can increase efficiency and provide value to organizations in the servicing space.

In addition to two new regional appointments, Cleveland-based lender adds new corporate trainer to keep pace with regulatory changes.

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.”

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.

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.

Brian Moynihan discussed what his bank is doing to help those impacted by the virus and mortgage forbearance programs.

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.

A new study by Bank of America gives insights into how homeownership can result in positive lifestyle changes for Americans.

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.