WASHINGTON — Bank of America is telling a Senate panel it is making changes in its foreclosure process after an extensive review found areas needing improvement. The bank is one of several big mortgage lenders that recently suspended foreclosures temporarily ...

Tagged with: Bank of America Banks Economy federal government finance foreclosure gmac housing lenders mortgage oversight Real Estate regulation Senate Banking Committee

With foreclosures still making headlines nationally, Maryland’s attorney general suing over Election Day robocalls and a verdict for a mother and son involving an umbilical cord, The Daily Record’s legal affairs writers had an interesting week. Here are this week’s ...

Tagged with: Baltimore bar exam blind doug gansler fha foreclosure jury lenders maryland robocalls universal elections verdict

More than 70 percent of the scheduled auctions of foreclosed homes at three Towson-based auction houses were canceled last week as lenders continued to review paperwork for potential errors. Online listings for residential foreclosures at Tidewater Auctions LLC, Mid-Atlantic Auctioneers ...

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Lenders have pulled the listings of more than 100 foreclosed properties for sale in Maryland over a two-day period this week. Foreclosure listings for all of Maryland show that on Tuesday and Wednesday, 109 properties, most listed by government-sponsored mortgage ...

Tagged with: foreclosed foreclosure lenders maryland properties

The mortgage mess has now evolved into the foreclosure mess. With Bank of America and other major lenders re-examining the apparently faulty paperwork done in foreclosing on thousands of homes, there surely will be consequences — for the lenders, servicers, ...

Tagged with: Bank of America foreclosure homes lenders mortgage paperwork Real Estate Robert Nusgart