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Home : Blogs : Jacksonville FL Short Sale Realtor Mike Linkenauger : Jacksonville Florida Community and Northeast FL Homes : Archives February, 2012

Bank of America Makes Plans for More Cuts - 02/10/12 03:18 PM

Bank of America Predicts more cuts to come
Bank of America, after making their cuts elsewhere over the previous year, put thousands of employees in a single division only to help its already rocky mortgage problems. With these changes and the robo signing settlement with state attorney generals, could very well be a separating moment for the bank.
When Bank of America took over Countrywide in 2008, mortgages have not slowed down for the bank. The only department growing at the bank is the Legacy Asset Servicing division which was established in 2011, in order to sort through delinquent mortgages and … (0 comments)

Former CDPE Trainer & Asset Managers Added To Short Sale Symposium at Sea Cruise Conference! - 02/10/12 12:23 PM

… (0 comments)

Smaller Services May Be A Result of Foreclosure Settlement - 02/06/12 10:58 PM

Smaller Services a possible result of foreclosure settlement?
A resolution between five of the largest mortgage servicers and a multistate coalition of attorneys general could grow to consist of smaller firms; however it is not foreseen to happen before a deal be made in the weeks to come. In October 2010 all 50 state AG’s opened a mutual investigation into industry wide foreclosure practices, but evidence came to light that year of mishandled documentation and robo-signing of foreclosure affidavits with the proper review of the loan files.
The five biggest mortgage lenders are Bank of America, Wells Fargo, JP Morgan … (1 comments)

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Jacksonville FL Short Sale Realtor Mike Linkenauger

Jacksonville, FL

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First Coast Realty Associates

Office Phone: (904) 733-4911

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I am a lifetime Northeast Florida Resident, and have unsurpassed knowledge of all Jacksonville Communities. I am an internet marketing expert and have aggressive seller marketing. I am your short sales and community specialist. (904)733-4911 visit my main website at www.FirstCoastRE.com

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