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Bank of America first to sign contract for Home Affordable Second-Lien...
Bank of America announced that it is the first mortgage servicer to sign an agreement formally committing to participation in the pending second-lien component of the federal government's Home...
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Bank of America introduces earned principal forgiveness program to help curb...
Bank of America announced that it will look first at principal forgiveness, ahead of an interest rate reduction, when modifying certain sub-prime, pay-option and prime two-year hybrid mortgages...
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Bank of America to Exit the First Mortgage Wholesale Channel
Bank of America Home Loans will exit the first mortgage wholesale channel to focus more operational resources toward fulfillment capacity for its direct-to-consumer retail channel, helping existing and...
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Bank of America to Exit the Reverse Market and Forms Legacy Asset Servicing...
Bank of America Home Loans has announced that it will exit the reverse mortgage origination business and move the unit’s operational resources into other critical areas serving customers. Bank of...
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