Bank Of America To Reduce Principal For Up To 200,000 Homeowners

Bank of America said Friday it would reduce by about $100,000 the amount owed by as many as 200,000 underwater homeowners as part of the recently announced government foreclosure settlement with top mortgage servicers.

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ASK NEWS:
  • IMAGE SENSING SYSTEMS INC - TMC Net
    ... in parts of North America, Europe ... or LPR products will reduce gross ... are to preserve principal, maintain ... line of credit with ...
    11/4/2014 - 2:23 pm | View Link
  • UNIT CORP - TMC Net
    ... operations through our three principal business ... oil and natural gas companies) to reduce our ... issued but not presented to our bank for ...
    11/4/2014 - 2:00 pm | View Link
  • HCP Reports Third Quarter 2014 Results and Raises Full Year Earnings ... - Morningstar.com
    HCP Reports Third Quarter 2014 Results and Raises Full Year Earnings ... - CNBC
    11/4/2014 - 8:24 am | View Link
  • ABF annual results for 52 weeks ended 13 Sept 2014 - London Stock Exchange
    AB Foods cautious on outlook as profits rise - CNBC
    11/4/2014 - 8:07 am | View Link
  • Newalta Reports Strong Third Quarter 2014 Results - Yahoo! Finance
    Newalta Reports Strong Third Quarter 2014 Results - Reuters
    11/4/2014 - 7:03 am | View Link
  • More
BING NEWS:
  • Bank of America offers new loan modifications that reduce principal
    Bank of America is sending out letters to potentially thousands of struggling South Florida homeowners to let them know they may be eligible for a reduction in their loan balance that may save them up to 30 percent in monthly payments, the lender announced ...
    05/8/2012 - 10:04 pm | View Link
  • Bank of America Notifies Homeowners of Principal Reduction Offer
    Have a loan owned and serviced by Bank of America, or serviced by Bank of America and owned by an investor who has given the bank permission to reduce principal. Fannie Mae, Freddie Mac and the FHA/VA have not. The bank announced the outline of this ...
    05/8/2012 - 12:48 pm | View Link
  • Bank of America begins mailing offers to reduce customers' mortgages
    The first step will be to reduce the principal owed to the current property value. The next step will be to reduce the interest rate. For more information on Bank of America's settlement programs, call 877-488-7814.
    05/8/2012 - 12:39 pm | View Link
  • Bank of America to Reduce Principal of Some Mortgages
    WASHINGTON | Bank of America Corp. said Friday it would reduce the amount owed by as many as 200,000 underwater homeowners as part of the recently announced government foreclosure settlement with top mortgage servicers. The bank made the commitment as part ...
    03/9/2012 - 11:47 pm | View Link
  • Bank of America to reduce principal for up to 200,000 homeowners
    By cutting the amount owed on the mortgages, Bank of America could reduce the $3.25 billion in penalties it faces from the foreclosure settlement by $850 million. The details of the principal-reduction agreement were first reported by the Wall Street Journal.
    03/9/2012 - 4:09 am | View Link
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BING SEARCH:
  • Bank of America — Banking, Credit Cards, Mortgages and ...
    Welcome to Bank of America, the nation's leading financial institution and home for all of your personal financial needs.
    11/22/2014 - 3:22 pm | View Website
  • Bank of America Newsroom
    Welcome to the Bank of America newsroom. Learn more about the bank, our executives, and the latest Bank of America news, announcements and initiatives.
    11/22/2014 - 4:37 am | View Website
  • Home Loan Help from Bank of America
    Get the home loan help you need—now. If you're having trouble paying your mortgage, Bank of America offers home loan assistance solutions that can help you. Learn ...
    11/21/2014 - 9:14 pm | View Website
  • Bank of America National Mortgage Settlement | Bank of ...
    Welcome to the Bank of America newsroom. Learn more about the bank, our executives, and the latest corporate news, announcements and initiatives.
    11/21/2014 - 12:50 am | View Website
  • $15.8 Billion in Mortgage Relief to 164,000 Bank of ...
    Bank of America completed or approved a total of $15.8 billion in consumer relief for about 164,000 homeowners as of September 30 through programs ...
    11/21/2014 - 12:42 am | View Website
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