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Real Estate & Property Law

: The Home Equity Theft Reporter

BofA Says "Take A Hike!" In Response To Those Demanding That It Buy Back Crappy Mortgage Loans That Were Allegedly Improperly Made

By r morris

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The Wall Street Journal reports:Bank of America Corp. and some of its largest mortgage investors clashed on Tuesday as the bank vowed to fight government-backed demands that it repurchase loans that allegedly didn't meet underwriting guidelines and other promises. The bank acknowledged receiving a Monday letter from investors alleging that a Bank of America unit didn't properly service 115 bond

Full post as published by The Home Equity Theft Reporter on October 21, 2010 (boomark / email).

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