Wednesday, August 29, 2012

Bank Of America Has Provided No Mortgage Principal Relief Under The Foreclosure Fraud Settlement

Bank Of America Has Provided No Mortgage Principal Relief Under The Foreclosure Fraud Settlement: The nation’s five biggest banks agreed to a $25 billion foreclosure fraud settlement back in February that required them to provide $17 billion of mortgage relief to troubled homeowners. However, one of the banks, Bank of America, is hardly holding up its end of the bargain. According to a new report, as of June 30, [...]/p