Posts Tagged Bank of America

Florida House and the Federal Government are Stepping in to Help with Foreclosure Backlog

This past week, Florida’s courts were allocated a $4 million one-time stipend in the 2012-2013 state appropriations bill to help with the astonishing backlog of foreclosures. This boost to the budget will be used to hire additional judges and case managers to handle the nearly 368,000 foreclosure cases in the state that are awaiting processing.This past week, Florida’s courts were allocated a $4 million one-time stipend in the 2012-2013 state appropriations bill to help with the astonishing backlog of foreclosures. This boost to the budget will be used to hire additional judges and case managers to handle the nearly 368,000 foreclosure cases in the state that are awaiting processing.

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Two suits against BoA over flood insurance resurface

The U.S. Court of Appeals for the First Circuit has revived lawsuits brought by two homeowners against Bank of America Corp. for requiring them to buy flood insurance of greater value than their mortgage principal amount.The U.S. Court of Appeals for the First Circuit has revived lawsuits brought by two homeowners against Bank of America Corp. for requiring them to buy flood insurance of greater value than their mortgage principal amount.

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