Bank of America Extends Modification Offers Under Global Servicer Settlement

The mortgage market stands to be hit quite hard once the BOE Rate does eventually rise as variable mortgages, tracker mortgages and discounted rates that are inexpensive will suddenly skyrocket and then any fixed term deals may also be affected with inflation.

Bank of America Home Loans has begun reaching out to customers who may be eligible for forgiveness of a portion of the principal balance on their mortgage under terms of a recent s

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