Posts with tag Federal National Mortgage Association (Fannie Mae)

BofA Mailing Principal Reduction Offers to 200,000 Borrowers

LOS ANGELES -- Homeowners with a Bank of America mortgage have good reason to check their mailbox. The lender said Tuesday that it has begun mailing out letters to customers who may qualify to have their home loans reduced as part of a multistate settlement over alleged foreclosure abuses. The Charlotte, N.C.,-based... Continue Reading »

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