Banks Find More Foreclosure Problems. By William Alden March 4, in part because of a fine to settle money-laundering charges. The bank reported profit fell to $13.5 billion in 2012 from $16.2 billion in 2011, missing analysts’ expectations.. The New York Fed’s Promise to Bank of.

Report: Florida among the states that uses foreclosure settlement $ for other uses | Naked Politics; As Foreclosure Problems Persist, Fed Seeks More Fines; The jersey shore real estate bubble: Inventory is Down Again – Eastern Monmouth MLS 2822

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As Foreclosure Problems Persist, Fed Seeks More Fines. How do Reverse Mortgages Work? When you have a regular mortgage, you pay the lender every month to buy your home over time. In a reverse mortgage, you get a loan in which the lender pays you.Reverse mortgages take part of the equity in your.

Bank of America. By Philip Mattera. Bank of America has become one of the main symbols of the excesses that brought about the financial meltdown of 2008 and the ensuing economic troubles. BofA was culpable both through its own actions and those of two troubled companies it acquired in 2008: Countrywide Financial and Merrill Lynch.

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Home price gains bring sellers off the sidelines The Home Equity Theft Reporter Cases & Articles District Attorney's Office. – Real estate fraud unit. Owning one’s home or business is a source of pride and security, and provides an opportunity for financial growth. Unfortunately, real estate fraud scams can steal these dreams with a single forged signature or get-rich-quick scheme. This type of crime can have a serious impact on its victims.Kelly Steelman, 29, of Perry Hall said her family has been looking for a bigger home in the area for about. peak of $260,000 seen in 2008. The price gains haven’t been consistent enough to bring.

A federal grand jury in San Francisco has indicted 11 real estate investors on multiple charges of bid-rigging and fraud schemes at foreclosure auctions in Northern California, U.S. Department of.

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Fed fines 5 big banks million for Foreclosure, Mortgage-Servicing Issues Fines relate to deficiencies seen by regulators in the wake of the 2008-09 financial crisis

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The Fed said sanctions in the form of fines will be included in addition to the corrective actions, but will be announced at a later date.. Feds sanction mortgage servicers for foreclosure.

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As Foreclosure Problems Persist, Fed Seeks More Fines.. a senior federal reserve official recommended fines for these additional firms, raising questions about how deep foreclosure problems run.