Bank Of America
Dallas could be making some headway toward its goal of providing mixed-income housing throughout the city thanks to a program from Bank of America. The program, which offers no down payment home loans for first-time homebuyers in Black and Hispanic neighborhoods, is one of the first of its kind. Such initiatives were identified in the…
Read MoreAs the nation’s economy unravels from the effects of Covid-19, here’s some good news: At least one major bank is offering consumer and small business clients mortgage relief and other consumer-friendly breaks. HousingWire reported late Thursday that Bank of America is offering clients a mortgage deferral program on loans in the bank’s portfolio: Bank of…
Read MoreBryan Sherman is the Senior Vice President and Regional Sales Executive at Bank of America in Dallas. And, for a banker, he’s a pretty funny guy. When I asked him exactly WHAT he does at BofA — I love to give anyone from the Big Three a hard time, because frankly, I prefer smaller local…
Read MoreThousands of homeowners underwater on their Bank of America mortgages could receive one of the 200,000 letters the bank is sending out offering partial loan forgiveness. According to Bankrate.com, BofA borrowers have to clear a pretty significant series of hurdles in order to qualify for the “principal reduction program”
Read MoreIt looks like Kenneth Robinson will NOT be getting a house for $16 after all. This morning, in the tiny metropolis of Roanoke, Texas, at Justice of the Peace Precint #4, JP J. W. Hand ruled in favor of Bank of America, the lender who apparently acquired the note on the abandoned house from Accredited Home Lending, who held the original mortgage. It was that financial failure glitch that gave Robinson the chance to live scot-free — or for $16 — for more than six months in a beautiful Flower Mound neighborhood not too far from the sprawling million dollar estates of Argyle. Robinson was given until Feb. 13 to move, but he is now out of the house. The swimming pool is back to green. Neighbors say he started moving out last Thursday at about 11:20 p.m. and had a van in front of the house this weekend. (And my stalking turned up an empty house Saturday night.) In a phone interview with reporters, Robinson said he was gone and leaving behind a futon and a TV — the futon, he said, belongs to someone else anyhow. (Neighbors say a lot of people have been staying at the house.) He has moved on and is not saying where he has moved. If he wants to appeal the case, he must put up an $8900 bond, which he says he will not do. And a check with Denton County shows Robinson also did not pay the property taxes on 2205 Waterford which were due January 31. He also did not pay the annual $300ish HOA dues.
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