A bankruptcy judge this week ordered Bank of America to pay a $45 million fine over what he said was the bank’s “heartless” response to a California couple that fought to save their home from foreclosure.
Mortgage delinquencies continue to trend down to the lowest rate since the second quarter of 2007.
The Michigan-based bank is paying the price for breaking the CFPB’s new mortgage-servicing rules.
Florida remains the state with the highest foreclosure activity, but it’s declining.
Builders are looking for reasons to be confident going into the spring buying season.
The housing recovery proves its staying power in 2013.
More homeowners are gaining equity, but millions remain under threat of foreclosure.
State attorneys general urge congress to extend the Mortgage Forgiveness Tax Relief Act.
Did Bank of America’s poor customer service actually send an account holder to the hospital?
The number of completed foreclosures declined in October as investors swooped in to buy.