BofA Solves Liquidity Problem By Circumventing National Mortgage Settlement

BofA Is Circumventing National Mortgage Settlement By Selling Servicing Rights To Unregulated Servicers   “Are you aware of the fact that your bank is turning its customers over to a processor that based on the complaints posted appears to not only lack basic competency but also poor customer service? Many of the complaints are former BofA customers, […]

BofA To Lay Off 312 Workers At Legacy Asset Servicing In Fort Lauderdale

Brian Bandell, South Florida Business Journal Bank of America told state officials it plans to lay off 312 workers in its legacy asset servicing unit in Fort Lauderdale. According to the WARN notice filed on Nov. 7, the bank (NYSE: BAC) will cut those jobs at 1425 N.W. 62nd St. (West Cypress Creek Road) through Dec. 31. Employees […]

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