Bank of America Home Loans has recently introduced a new, customer outreach center in Dedham, New England to assist their members throughout Boston and surrounding areas. BoA homeownership retention specialists are available at the center to meet one-on-one with mortgage customers presently going through financial hardships and unable to make timely payments. As well, BoA read more »

Among U.S. homeowners with mortgages, 7.91 percent were at least 30 days late on payments in November

Ocala’s trustee “failed to maintain internal documentation necessary to establish Ocala’s ownership of purchased mortgages,”

At Bank of America, only 98 out of 156,864 borrowers in the trial program had received permanent fixes

This new way to report a loan modification does not have any negative impact to a consumer’s FICO credit scores

Homeowners that can’t meet the demands of lenders in a timely manner, whatever the reason may be, are subject to seizure and the loss of their home.