Robo-signing http://wfae.org en Latest Settlement Shows 'Light At The End Of The Tunnel' For BofA http://wfae.org/post/latest-settlement-shows-light-end-tunnel-bofa <p></p><p>We've already established that Bank of America's 2008 acquisition of Countrywide was a costly move – and a mistake in the view of many. The Charlotte bank has spent tens of billions of dollars on settlements and losses tied to that mountain of messed-up mortgages. On Monday, Bank of America made some important progress.</p><p></p><p>Another day, another settlement - or really <em>two</em>, &nbsp;in the case of Bank of America. And these are far from the last we'll expect to see.&nbsp;</p> Mon, 07 Jan 2013 19:29:54 +0000 Julie Rose 18987 at http://wfae.org Latest Settlement Shows 'Light At The End Of The Tunnel' For BofA BofA Shines In Mortgage Settlement Status Update http://wfae.org/post/bofa-shines-mortgage-settlement-status-update <p></p><p>The nation's five largest mortgage servicers – including Bank of America and Wells Fargo – have so far provided more than $20 billion in homeowner relief under a settlement with state attorneys general. Bank of America shows well in the latest report.</p><p>The last status report in August had a big zero for the number of mortgages modified or partially forgiven by Bank of America under the settlement. The Charlotte-based bank now leads the other four banks, in those categories with around $3.7 billion in homeowner debts written off.</p> Mon, 19 Nov 2012 20:58:14 +0000 Julie Rose 16138 at http://wfae.org BofA Shines In Mortgage Settlement Status Update