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Loan Modification

: Loan Modification & Home Loan News

Bank of America?s Barbara Desoer: ?Considerable number? will lose their homes

By Moe Bedard

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CHARLOTTE, N.C. — Bank of America’s top mortgage executive, testifying today before Congress, will release sobering details of home-loan delinquencies, including that “hundreds of thousands of customers” haven’t made a payment in more than a year. Barbara Desoer, president of the home loans unit, will update the Charlotte bank’s progress in mortgage modifications. She will offer [...]

Full post as published by Loan Modification & Home Loan News on April 14, 2010 (boomark / email).

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