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MHA: Bank of America’s (and just about everyone else’s) spiel for Immanent Default.

MHA: Bank of America’s (and just about everyone else’s) spiel for Immanent Default.

Frequently our clients are concerned about approaching Bank of America to complete their immanent default interview, which happens prior to their falling behind, because they don’t know what to expect. It is important to know is that if you do not answer yes to...
HAMP: MHA Guidelines change June 1, 2010 – Homeowners looking for help; Now is the time.

HAMP: MHA Guidelines change June 1, 2010 – Homeowners looking for help; Now is the time.

There have been many problems with the program put out by the Obama administration referred to as MHA or Making Homes Affordable but things may be changing for the better. Frequently, homeowners over the past year have only seen an 18% success rate while companies...

Bank of America: BAC Loan Servicing removes 90 day listing rule for Deed-in-Lieu Applicants

Image via Wikipedia In has been the position of many lenders that they would like their borrowers to attempt to sell the property prior to applying for a deed-in-lieu of foreclosure. These days we find that there is not always one solution for homeowners that need to...