BofA Rolls Out $8.4 Billion Loan Mod Program

If you are having difficulty making your home loan payments, you may be eligible for one of the loan modification options from Bank of America that can make your payments affordable and help you avoid foreclosure. Find out if a home loan modification is right for you.

Do you currently have an Online ID for the Home Loan Modification Status site? Do you currently have an Online ID for the Home Loan Modification Status site? Yes: No, but I would like to create an online ID and passcode.. Bank of America, N.A. Member FDIC..

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After acquiring Countrywide in 2008, Bank of America launched an $8.4 billion loan modification program to settle charges by state attorneys general that Countrywide engaged in unfair and deceptive.

Get Loop loans of up to 3 years. No paperwork. No fuss Bank of America is one of the world’s largest banks. The bank had $2.11 trillion in assets as of December 2014. It is "one of the country’s most extensive branch networks," according to Hoover’s, and has been one of the biggest lenders (though its top position suffered in 2012 after billions in mortgage losses).

Mortgage Modification and Refinance Programs. that Bank of America now manages the Countrywide loan portfolio and is moving to restructure mortgages as part of an $8.4 billion. A Bank of America spokesman says the bank will roll out the foreclosure prevention program to all fifty states.

NEW YORK (Fortune) — Treasury Secretary Tim Geithner sketched out the broad strokes of the. The Fed and Treasury will commit $50 billion to reduce mortgage payments and establish loan modification.

Pinellas Foreclosures over stated

I started producing loan mod leads in May of 2008 and decided I would try to do some loan mod deals myself with the help of an attorney.. Back in July we passed a housing bill which among other things created an FHA program to refinance bad loans.. Bank of America rolls out $8. 4 Billion.

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In another essay, Denninger points out. In 2008, Bank of america corp. settled charges brought by 15 attorneys related to accusations of predatory lending in its Countrywide Financial Corp. unit,

In a move that will help at least some homeowners avoid foreclosure, Bank of America unveiled a $3 billion. program to prevent foreclosures has so far been a dud. Only 170,000 homeowners had.