March 2010
2 posts
1 tag
BofA to start reducing mortgage principal -... →
sunsmudge:
Bank of America, the nation’s largest mortgage lender, announced a program Wednesday to offer homeowners who owe significantly more than their homes are worth the opportunity to have their loan balances reduced.
The program, which starts in May, would potentially help about 45,000 homeowners across the country. In launching the effort, Bank of America is jumping into the debate about...
