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CNN – Bank Of America Steps Up Foreclosure Prevention Efforts (WSB-TV 2 Atlanta)

One Roadblock Slowing President Obama’s Foreclosure Prevention Program Seems To Be Clearing Away. Bank Of America, The Nation’s Largest Mortgage Lender, Said Tuesday That It Was The First Lender To Agree To Lower Or Eliminate Payments On Second Mortgages.

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Bank of America steps up foreclosure prevention efforts (CNN Money)

One roadblock slowing Obama’s foreclosure prevention program seems to be clearing up. Bank of America, the nation’s largest mortgage lender, announced Tuesday that it was the first lender to sign an agreement to lower or eliminate payments on second mortgages.

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Zacks Analyst Blog Highlights: Sherwin Williams, Fannie Mae, Freddie Mac, MGIC and Bank of America (Zacks.com via Yahoo! Finance)

Zacks Analyst Blog Highlights: Sherwin Williams, Fannie Mae, Freddie Mac, MGIC and Bank of America

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Block 37 developer loses control of project (Chicago Sun-Times)

After two months of delays, the developer of the Loop’s Block 37 officially lost control of the project today but vowed to get it back soon.Cook County Circuit Court Judge Margaret Brennan approved the appointment of a receiver to run the project for Bank of America Corp., which has filed a foreclosure suit on it. The bank claims the developer, Joseph Freed and Associates LLC, is in default on a …

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Couple: Bank Foreclosed On Wrong House (WCVB Boston)

A New Bedford couple is suing Bank of America for $500,000 because of what they call a foreclosure nightmare.

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