Posts tagged as:

mortgage industry

Lenders, Servicers Fight Anti-Blight and Property Laws

by Moe Bedard

Housing Advocates Say Industry Is Skirting Health and Safety Ordinances, While Taking Taxpayer Money

The end result: Some of the same servicers the Obama Administration is urging to complete more loan modifications still are walking away entirely from vandalized homes, or failing to fix broken windows, get rid of junked cars, clear trash, repair damaged roofs [...]

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BofA CEO sees more consolidation in bank industry

by Moe Bedard

 The head of the nation’s largest consumer bank says the ongoing U.S. economic downturn will accelerate consolidation in the banking industry.
Bank of America Corp. (nyse: BAC – news – people ) chief executive Ken Lewis spoke Thursday to business students at New York University. He said the nation’s financial service companies are likely to come [...]

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