Tag Archives: communities

Bank of America to pay record $16.65 billion to settle mortgage claims

Bank of America Corp. has agreed to pay $16.65 billion to end federal and state investigations into the sale of toxic mortgage securities during the subprime housing boom, the largest settlement by a single company in U.S. history, the Justice … Continue reading

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Californians Say No to REO-to-Rental: Is this Good News for RE Agents?

Recently, many lenders have been converting their once for sale properties into rental ones, a process known as REO-to-rental. Not only does this practice limit the listings available to agents and brokers, it raises many concerns for the people residing … Continue reading

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