March 24, 2010

CLASS ACTION LAWSUIT AGAINST BANK OF AMERICA – BAC VICTIMS CAN JOIN THE LAWSUIT

CLASS ACTION LAWSUIT AGAINST BANK OF AMERICA – BAC VICTIMS CAN JOIN THE LAWSUIT ——————————————————————— Bank of America Home Loans Date Filed: March 22, 2010 Court: U.S. District Court Location: Seattle Ticker Symbol: BAC Washington homeowners sued Bank of America claiming the lending giant is intentionally withholding government funds intended to save homeowners from foreclosure. …

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Do NOT Prepay Your Mortgage

As pointed out in the article below there are many good reasons for prepaying your mortgage on a monthly basis. But if you are in a securitized mortgage and you are either underwater or facing payments that are resetting, be aware that any prepayments will take you far out of the running for any modification. …

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