16

Jan

Bank of America to Modify $100 Billion in loans in 2009

Posted by Michael Anderson  Published in Realty News, Trends, real estate

With the increasing downward spiral of the economy and resulting record unemployment rate, many homeowners face foreclosure in their near future. In the past, most banks wouldn’t lift a finger to help troubled homeowners, and if they did, it typically wasn’t until they were already behind on their mortgage. With the high cost banks must [...]

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