BofA Give-Away Has Few Takers Among Homeowners: Mortgages

There are 1 comment on the Jul 10, 2012, Bloomberg story titled BofA Give-Away Has Few Takers Among Homeowners: Mortgages. In it, Bloomberg reports that:

When Bank of America Corp. sent letters to 60,000 struggling homeowners offering to slice an average $150,000 off their loans, the lender got an unusual response from most of them: silence.

Join the discussion below, or Read more at Bloomberg.


United States

#1 Jul 12, 2012
they are not helping people with VA loans, and the VA will not assist either. I have been trying to get a principle reduction for over two years because i lost my job because they file bankruptcy and went out of business. i found another job 8 months later making 12,000 less a year and they refuse to assist me in a modification. VA personal cannot any help from bank of america or the VA and it's suppose to be a government plan. my house is over 70,000.00 underwater.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Foreclosures Discussions

Title Updated Last By Comments
News Paulson seeks rest of bailout (Dec '08) Apr 10 swedenforever 14
News Community Gives Back To Firefighter In Need Of ... (Jul '09) Apr 10 John_Youngs_son 10
News The Arrest of Vanilla Ice and How Honest People... Mar 30 flippersDontGiveA... 1
News Lawsuits allege OneWest bank can profit from fo... (Feb '10) Mar 30 Kay Martin 17
ocwen none bank, debt collector Feb '15 tallorderwill 1
The Best Priced Single family Housing In America Feb '15 DanFreeman 1
News Paulson to give update today on financial bailout (Nov '08) Feb '15 Swedenforever 18
More from around the web