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Loan Modification

: Loan Modification & Home Loan News

Bank of America loan modification pipeline clogged

By Moe Bedard

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Two years after swallowing the troubled mortgage giant Countrywide Financial, Bank of America trails other major U.S. lenders in resolving troubled home loans through short sales or modified loan terms. The lender, one of the nation’s biggest banks, holds more than a million mortgages that are months behind on their payments ? twice as many defaulting home [...]

Full post as published by Loan Modification & Home Loan News on March 05, 2010 (boomark / email).

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