BofA Rolls Out $8.4 Billion Loan Mod Program

General and administrative expenses for the quarter were $7.8 million compared to $8.4 million for the same. I think we will probably come out neutral to little bit dilutive on that. Juan Sanabria.

Bank of America’s own bail-out plan for Countrywide customers in risky loans. Bank of America announced the creation of a proactive home retention program that will systematically modify troubled mortgages with up to $8.4 billion in interest rate and principal reductions for almost 400,000 Countrywide customers nationwide (125,000 of them in California).

If you are having difficulty making your home loan payments, you may be eligible for one of the loan modification options from Bank of America that can make your payments affordable and help you avoid foreclosure. Find out if a home loan modification is right for you.

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Home Modification Program Complaint / review text: Based on the newest "denial of mortgage modification software" obtained in the BofA modification division, we did not meet up with the national recommendations they express they’re required to utilize to find out if one qualifies to get a change.

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 · Bank of America is one of the world’s largest banks. The bank had $2.11 trillion in assets as of December 2014. It is "one of the country’s most extensive branch networks," according to Hoover’s, and has been one of the biggest lenders (though its top position suffered in 2012 after billions in mortgage losses). By acquiring Merrill Lynch in 2009, Bank of America became the world’s.

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 · Bank of America (BAC, Fortune 500) said late Wednesday it will raise $20 billion in new capital to repay its Troubled Asset Relief Program obligations. After BofA extinguishes its $45 billion loan.

I started producing loan mod leads in May of 2008 and decided I would try to do some loan mod deals myself with the help of an attorney.. Back in July we passed a housing bill which among other things created an FHA program to refinance bad loans.. Bank of America rolls out $8. 4 Billion.