Bryant Tutas's Blog – August 2011 Archive (3)

Lawyers Accused of Scam....

From The Florida Association of Realtor(R)s newsletter today:

AP: Lawyers accused of scam in bank suits COSTA MESA, Calif. – Aug. 19, 2011 – California prosecutors sued several lawyers and call center operators for allegedly duping desperate homeowners across the country into paying thousands of dollars to join dubious lawsuits against big banks.



The complaint unsealed Thursday in Los Angeles County Superior Court…

Continue

Added by Bryant Tutas on August 19, 2011 at 8:35am — 1 Comment

Bank of America Closed My File Over An "E"!!

Yesterday I heard the words that make a short sale agent cringe, "Sorry but we have to close the file". This after working on a short sale for over a year. 5 buyers. $33,000 condo. That's right $33,000. If I ever get this closed I'll make a whooping $1,072!!!



OK back to the story. This is a Bank of America HAFA short sale that was submitted through Equator for the 5th time back in… Continue

Added by Bryant Tutas on August 10, 2011 at 4:40am — 8 Comments

Bank of America Offers To Reduce Principal Balance On Some Loans

This is from the Florida Association of Realtors(R) newsletter:



.........Banks have resisted a push to reduce principal owed by homeowners behind on their payments. One concern is that borrowers in good standing will stop making payments in order to lower their balances.



Bank of America has offered to reduce principal for loans in its own portfolio and for those the bank services for private investors, the person said. Loans owned by…

Continue

Added by Bryant Tutas on August 4, 2011 at 7:30am — 1 Comment

Members

© 2024   Created by Brett Goldsmith.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************