Loss Mitigation Forums Archives

Homeowners with a Bank of America mortgage have good reason to check their mailbox.
Anytown USAA Missouri couple is taking Wells Fargo to court, attempting to recover money on behalf of all the folks out there who were duped into taking temporary loan modifications from the San Franc
Bank of America is sending out letters to potentially thousands of struggling South Florida homeowners to let them know they may be eligible for a reduction in their loan balance that may save them up to 30 percent in monthly payments, the lender announced Tuesday.
A bill designed to prevent unnecessary foreclosures is making its way through the Massachusetts Statehouse.
By Matt Murphy, State House News Service BOSTON -- In an effort to stem the tide of foreclosures, a key legislative committee advanced a bill yesterday that would require banks to make loan modifications available to homeowners when financially