The Wall Street Journal: Bank of America fined $45 million for ‘heartless’ foreclosure

A bankruptcy judge issued a $ 45 million fine against Bank of America Corp., calling the bank's treatment of a California couple who fought to save their home “brazen” and “heartless.” Judge Christopher Klein of the U.S. Bankruptcy Court in Sacramento said the bank's mortgage modification process and mistaken foreclosure on Erik and Renee Sundquist's […]

Citigroup companies fined $28.8M in home borrower loan ‘runaround’

Citigroup companies fined $ 28.8M in home borrower loan 'runaround' CFPB has fined two Citigroup subsidiaries $ 28.8 million for mistreatment of borrowers. Check out this story on USATODAY.com: http://usat.ly/2jRQiBe The Consumer Financial Protection Bureau has fined two Citigroup subsidiaries a total of $ 28.8 million for mistreatment of homeowners seeking to avoid foreclosure. Foreclosure […]