Banks Step Up Mortgage Help To Beat Deadline

Banks have been accelerating reducing principal for troubled borrowers as part of their settlement last year over mortgage practices to take advantage of terms that reward them for quick resolutions before the bonus expires Feb. 28.

  • 22 Feb 2013

Banks have been accelerating reducing principal for troubled borrowers as part of their settlement last year over mortgage practices to take advantage of terms that reward them for quick resolutions before the bonus expires Feb. 28.

Click here to read the story from Bloomberg.

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2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
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