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Loan Modification Process Improving at BOA and Other Servicers
So, after taking a glorious month off from covering the foreclosure crisis, I returned to some 30k unread emails and began going through them as one would be instructed to eat an elephant… one...
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It’s National Mortgage Servicers Settlement Compliance Day!
Joseph A. Smith, Jr., the man charged with making sure that the five largest mortgage servicers comply with the terms of the $25 billion settlement agreement known as the National Mortgage...
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Katherine Porter to Make Sure Homeowners Get What Servicers Promised – A...
When I first heard that Professor Katherine Porter was going to be the State of California’s Monitor for the National Mortgage Settlement, I thought … “Wow, well that’s certainly great news.” Well,...
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Servicers Extinguishing Liens DOES Help Homeowners, NOT Erasing Debt That...
A little over a week ago, I saw a headline that I’m sure most everyone interested in the foreclosure crisis did as well. It ran in the New York Times, and it read, “How to Erase a Debt That Isn’t...
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Bank of America’s SVP Eric Tellijohann Provides an Advance Update on the...
Bank of America’s Senior Vice President Eric Tellijohann is the bank’s executive in charge of implementing the National Mortgage Settlement. In this regard his specific title is “Credit Loss...
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