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1. Data Shows Horrifying Bank Of America Refinance Story Actually ...

   They tried to apply for a mortgage modification, but the process has been a complete nightmare. The family called their bank, Bank of America, in December of 2008 and said they needed a lower payment due to loss in income. ... In addition, the foreclosure rates for the city remain high, and even when people do apply for a loan modification, hundreds still end up losing their home. Through interviews with national and local housing experts and counselors, the Reporter ...

1. Bank Accuses Investment Houses of Lying About Mortgage Backed ...

   SAN FRANCISCO (CN) ? The Federal Home Loan Bank of San Francisco demands $19 billion from major banks and investment houses it accuses of lying about the quality of the subprime mortgage-backed securities they created and sold. The FHLB sued Deutsche Bank, Credit Suisse, JPMorgan Stanley, UBS, Banc of America, Countrywide Financial and others in two Superior Court complaints. The FHLB claims the lending giants, including now-defunct Bear Stearns, Greenwich Capital Markets ...

1. Republican's Anti-American Plan ? Lose Home, Lose Right To Vote ...

   (Note: in most cases, they didn't lose their house, the bank always owned it, they didn't pay for it) If you buy more home than you can afford, and the bank takes it back, you can vote for ever more lenient loans and low interest subsidized by the rest of us living in apartments everywhere. .... Qualify Today! Obama's Making Home Affordable Refinance Program. Lower your monthly mortgage payment. Get on a low Fixed rate loan. Historically low interest rates ...