Wednesday, August 12, 2009
Bank of America Loan Modifications
Bank of America......The Largest recipient of government funds at this point. They have received $5,987,280,000 as of April 17th, 2009 with a total of 27,985 trial modifications. This is 4% of their eligible delinquent loans. This makes their average cost per modification at $213,946. We invite Bank of America/Countrywide customers past and present, whether you've tried to do a Bank of America Loan Modification or a Countrywide Loan Modification or not, to share your experiences whether they be good or bad. We would appreciate it if you could give an overall rating of Bank of America as your mortgage holder, and give specific comments to the Bank of America Loan Modification process or the Countrywide Loan Modification process if you have some input on the topics. Thank you in advance...........
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