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Loan Modification

: The Truth About Mortgage.com

Bank of America Quits Reverse Mortgage Lending, Creates Foreclosure Unit

By scot184

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Bank of America said last week that it will no longer originate reverse mortgages, according to a company release. The bank and mortgage lender got into the reverse mortgage business back in 2006, and expanded its presence in subsequent years with the acquisitions of Reverse Mortgage of America and Countrywide. But its short run has [...]

Full post as published by The Truth About Mortgage.com on February 07, 2011 (boomark / email).

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