Florida homeowners get huge chunk of BofA settlement

The region’s median home sale price. A large chunk of the California’s foreclosure increase came because of Bank of America, RealtyTrac said. Bank of America is the nation’s largest mortgage.

Florida grabs a chunk of foreclosure settlement money for state budget. of the money will be used to directly help homeowners. Settlement documents indicate that Bondi negotiated the 10.

Bank of America would rather negotiate a debt settlement for your credit card debt than have you declare bankruptcy and receive nothing. For instance, our client owed Bank of America $8,452.45. As they often do, Bank of America handed the debt collection over to creditor law firm Hunt & Henriques.

Banks start 2012 with a bang. Why? – NEW YORK (CNNMoney) — Big bank stocks ushered in the New Year by doing something they rarely did in 2011. leading the market higher. Bank of America. in Georgia while Home BancShares acquired.

Rick Scott Approves Use Of Foreclosure Settlement To Help Florida Homeowners. that shuttles money into programs helping florida homeowners.. 200 million chunk of a $25 billion deal first.

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Nearly 17,000 Floridians will receive an excess of $1 billion in relief from the Bank of America (BAC) record settlement with the Department of Justice, which is almost 14% of the total $7 billion.

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A putative class action launched Thursday in Oklahoma federal court accuses Bank of America NA of improperly holding back insurance payments from homeowners who needed them for property repairs.

Wisconsin will use a chunk of its $140 million share of a national settlement over foreclosure and mortgage-servicing abuses to help the state budget rather than assist troubled homeowners, Gov.

Welcome to the archives section of my site. Yeah, I’ve been at it for some time now, I know. Sometimes I forget how long it’s been since I first began writing about mortgages and the housing market.

Colorado homeowners get $207 million in bank settlement. – California homeowners have received the largest chunk of the settlement – $6.9 billion for 80,079 homeowners, which equates to $111,581 per borrower. Nevada was No. 2, receiving more than $900 million, about $100,000 per borrower.

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Attorney General Eric Holder and Associate Attorney General Tony West announced today that the Department of Justice has reached a $16.65 billion settlement with Bank of America Corporation – the largest civil settlement with a single entity in American history – to resolve federal and state claims against Bank of America and its former and current subsidiaries, including Countrywide.

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