Bank of America Reports a Surge in San Diego & Riverside County Foreclosures

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Mortgage and Lending with Mortgage Alliance Group - San Diego, CA - NMLS#305667

"We have reported recently that we anticipate a rise in foreclosure activity through the coming months as homeowners are unable to qualify for loan modifications, fall out of modification programs or go into delinquency due to the ongoing stress in the economy," wrote Bank of America spokesman Richard Simon in an email.

The complete article:

http://www.nctimes.com/business/article_fa8b8a2a-0fc6-526a-b125-d86bec3d79c4.html

 

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