Tag Archives: Bank of America

Plan for Modifying Option ARMs in California Being Requested

Posted on November 3, 2009 by admin

As we’ve mentioned before, a bevy of option ARMs that have yet to expire are going to lead to another wave of foreclosure problems in California. With this inevitable fact becoming more and more of a concern, California Attorney General … Continue reading →

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Loan Modification from Bank of America on the Making Home Affordable Plan

Posted on October 16, 2009 by admin

Bank of America came under some early criticism for not modifying as many loans as they could under the Home Affordable Modification Program. However, they, like other lenders, have been increasing their output as more effort is made to increase … Continue reading →

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Wells Fargo Improving Mortgage Relief Efforts

Posted on October 15, 2009 by admin

Early numbers under the government’s Home Affordable Modification Program had been varied and many of the bigger lenders were behind in their efforts. While success continues to vary from one lender to the next, Wells Fargo, second only to Bank … Continue reading →

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More Success With Countrywide (Bank of America)

Posted on September 15, 2009 by admin

A client had housing troubles that had left him with an unaffordable mortgage. He was paying $2,265/month with an interest rate of 6.880%. He was 4 months late on payments and knew he needed help. Fortunately, he was able to … Continue reading →

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