banks

2 minutes read
If you’re one of the happy home owners who owe Bank of America for your mortgage debt, you may not be seeing any mortgage relief any time soon. According to the Huffington Post article Bank Of America Executive Acknowledges Poor Service In Mortgage Mod Program by Arthur Delaney, “Bank of America has put 11 percent of HAMP-eligible borrowers delinquent for 60 days or longer into “permanent” five-year modifications — the lowest rate of the four biggest banks participating in the program.”