B of A Signs On To Second-Lien HAMP Program

27 Jan 2010

Bank of America has become the first bank to sign on to the Department of Treasury’s Home Affordable Modification Program for second liens.

Bank of America has become the first bank to sign on to the Department of Treasury’s Home Affordable Modification Program for second liens. The program was announced last April, but until now, no mortgage servicers have joined, fueling speculation that this aspect of HAMP was on hold. According ...

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