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With mortgage lenders now facing allegations of misconduct on several fronts, a former top ranking employee at a major home lender has come forward saying fraud at her firm wasn't the exception, but the norm. Eileen Foster, a former executive ...

Former Countrywide Whistleblower: Mortgage Fraud 'Systemic' [WATCH]

Dec 6 (Reuters) - Bank of America Corp is still looking at all options in regard to its Countrywide mortgage subsidiary, Chief Executive Officer Brian Moynihan said on Tuesday. "We always have options but ... we've got to move through this in a ...

BofA still considering all Countrywide options-CEO

Class Action.org is investigating claims from Countrywide mortgage holders who were forced or coerced into purchasing or maintaining an excessive flood insurance policy in light of allegations that certain banks have been engaging in unfair practices rega ...

Countrywide Forced Placed Flood Insurance Complaints Under Investigation

In 2008 the state joined 10 others in agreeing to a settlement regarding fraudulent mortgage practices at Countrywide, the sub-prime lender that came to epitomize questionable lending during the mortgage boom. Bank of America, which owns ...

California, Nevada Team Up To Prosecute Mortgage Fraud

Arizona Advertising Mortgage Solutions, is one of the most valued company’s online, and has stepped forward to unveil its ultimate goal to make mortgage solutions as simple as a click through its comprehensive website. Tom Sheller new site offers detail ...

Arizona Advertising Tom Sheller Launches New Country Wide Mortgage Solutions Web Portal

Three years ago the now-defunct predatory lending bank Countrywide refused to renegotiate the ballooning interest rate on a mortgage filled with hidden clauses and traps. Instead, Countrywide sold the mortgage to Bank of America, which ...

Now it's 'Occupy foreclosed homes'

In the meantime, BofA was identifying Countrywide employees for roles in the newly merged entity. In July 2008, after an intense vetting process, BofA offered Foster the position of Senior Vice President (SVP), Mortgage Fraud Investigations ...

Bank of America/Countrywide Whistleblower Details Wrongdoing

that’s what CBS News’ “60 Minutes” did last weekend with the help of two principled mortgage specialists. In fact, the news magazine and anchor Steve Kroft wouldn’t have had much of a story without former Countrywide Executive Vice ...

Truthdiggers of the Week: Two Mortgage Meltdown Whistle-Blowers

According to top officials the bank is exploring all options in regard to its mortgage subsidiary, Countrywide. Bank of America Corporation (NYSE:BAC)’s investment banking results have improved in the current quarter after trading revenue plunged more ...

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