Find the Best Credit Card FAST!
Which Card? Carry A Balance? Monthly Spend?  

2
Jun

Free Rent While Waiting For Foreclosure

Posted by Susan Mitchell (1) Comment

This morning executives at Bank of America rolled out their new “Principal Reduction Enhancement” program, which is an earned principal forgiveness plan for borrowers behind on their mortgages and whose loans are at least 20 percent underwater in value.
continue

Category : Mortgages | Blog
25
Mar

Bank Of America To Write Down Home Loans

Posted by Janet Leicester (0) Comment

Bank of America, one of the biggest home loan lenders, announced Wednesday that it will begin forgiving mortgage principal for some under water homeowners who qualify for a federal home loan modification program.
continue

Popular Search Terms For This Article Are:
does hsbc principal balance reduction?, hsbcprincipal reduction
Category : Banking News | Blog
19
Feb

$1.5 Billion to Help Struggling Borrowers

Posted by Janet Leicester (0) Comment

President Obama is expected to announce today a $1.5 billion program to help borrowers in the five states hit hardest by the housing crisis.

The initiative calls for pumping money into state housing agencies in California, Arizona, Nevada, Florida and Michigan to fund programs to prevent foreclosure for people who are unemployed or who owe more than their homes are worth.
continue

Popular Search Terms For This Article Are:
did hfc bailout, getting a lawyer to assist with loan modifications with hfc
Category : Loans News | Blog