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Loan Modification

: Loan Modification & Home Loan News

Bank of America To Help Jobless With No Mortgage Payments

By Moe Bedard

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CHARLOTTE, N.C — CHARLOTTE, N.C. – Bank of America wants to give struggling mortgage customers who are collecting unemployment benefits up to nine months with no mortgage payment. That’s right. Zero payment. Customers would have to agree that, if they haven’t found a job within the nine months, they will sign over their house to the bank. The [...]

Full post as published by Loan Modification & Home Loan News on April 23, 2010 (boomark / email).

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