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Dennis Norman Today Bank of America announced they will stop foreclosure sales in all fifty states until after they have completed their review of foreclosure documents. This comes after Bank of America, JPMorgan Chase & Co and GMAC deciding last week to stop foreclosure proceedings in states that require a judicial foreclosure process which [...]
Dennis Norman Bank of America announced that it is the first mortgage servicer to sign an agreement formally committing to participation in the pending second-lien component of the federal government’s Home Affordable Modification Program (HAMP). Bank of America has systems in place to begin implementing the Second Lien Modification Program (2MP) with the release [...] |
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