Bank Of America 2nd Mortgages Forgiven?

by Jenner on October 9, 2012

Bank Of America logoIf your second mortgage is with Bank of America open your mail!!!  B of A is mailing about 150,000 letters to pre-qualified homeowners offering automatic termination of their second lien mortgages. This program would help assist homeowners with their monthly debt and, potentially, help them create equity in their property.

The full forgiveness of second lien balances on eligible loans is being extended under Bank of America’s participation in the 2012 national mortgage settlement among the five largest mortgage servicers, 49 state attorneys general and the federal government.

Check your mail to see if you are one of the lucky 150 thousand selected!!!!

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