SHORT SALE SOUNDOFF: BOFA NOTIFIES CUSTOMERS OF SECOND LIEN MORTGAGE DEBT EXTINGUISHMENT

Short Sale Soundoff: BofA notifies customers of second lien mortgage debt extinguishment Bank of America announced this week that it is in the process of mailing approximately 150,000 letters to pre-qualified homeowners offering automatic extinguishment of their second lien mortgages. The intention of the program is to place homeowners in an improved financial situation by (more…)