BofA Lags In Alternative Loan Mods After HAMP Cancellation

29 Sep 2010

Bank of America lags other servicers in offering alternative workouts for those whose Home Affordable Modification Program trials were canceled, according to the Department of the Treasury.

Bank of America lags other servicers in offering alternative workouts for those whose Home Affordable Modification Program trials were canceled, according to the Department of the Treasury. Treasury data revealed that only 24% of those canceled by the bank, which tops the list in HAMP servicing, ...

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