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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  • Bank of America to Reduce Principal of Some Mortgages
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  • Bank of America to reduce principal for up to 200,000 homeowners
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  • Bank of America
    May 10, 2012 Bank of America has agreed to settlement with federal and state officials. The U.S. Department of Justice and the State Attorneys General have agreed to ...
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