loan modification: Bank of America will cut mortgage loan amount for underwater homes
- 03/28/10 03:52 AM
Here is some good news for people who own distressed properties. This article from USA Today talks about this new program at Bank of America starting in May. In the article "The bank said to avoid foreclosures, it will start forgiving principal for homeowners who owe more than 120% of their home's value and meet other qualifications." To read the full article click here. … (4 comments)
Here is some good news for people who own distressed properties. This article from USA Today talks about this new program at Bank of America starting in May. In the article "The bank said to avoid foreclosures, it will start forgiving principal for homeowners who owe more than 120% of their home's value and meet other qualifications." To read the full article click here.
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