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Loan Modification

: The Truth About Mortgage.com

Second Mortgage Modifications In the Works

By scot184

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Bank of America announced today that it’s the first mortgage servicer to formally commit to the pending second-lien component of the Home Affordable Modification Program (HAMP), which has yet to be finalized. The so-called Second Lien Modification Program (2MP) will allow loan modifications on second mortgages upon completion of a HAMP modification on the associated first [...]

Full post as published by The Truth About Mortgage.com on January 26, 2010 (boomark / email).

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