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Fannie Mae: Bank of America’s HAFA program sees major changes… Leaves many homeowners in the lurch and forecloses on those who waited.

Fannie Mae: Bank of America’s HAFA program sees major changes… Leaves many homeowners in the lurch and forecloses on those who waited.

by | Aug 7, 2011 | B of A, BAC, BAC Home Loan Servicing LP, BAC Home Loans Servicing, bank of america, BoA, HAFA, hamp, HARP, hasp, Help, HOA, mortgage assistance, Mortgage Fraud, Mortgage Help, Mortgage News, Negotiation Help, Short Sale, Short Sale Assistance, Short Sale Help, Short Sale Negotiation, Short Sale Objection, Short Sale Tactic

As of July 13th 2011 Bank of America received a new guidelines (or in the business it is called a directive) from our old pal Fannie Mae(FNMA). In this new guideline change they are requiring homeowners that look to go through the HAFA program to actually jump through...
Fannie Mae: Bank of America’s HAFA program sees major changes… Leaves many homeowners in the lurch and forecloses on those who waited.

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

by | Aug 18, 2010 | AHMSI, America's Servicing Company, american home mortgage servicing inc, Amherst, AmTrust, AmTrust Bank, ASC, Aurora Bank FSB, B of A, BAC, bank of america, BankUnited, BoA, CalHFA, Chase Home Mortgage, Chase Manhattan, Cheaper Modification, Citi Financial, Citi Group, Citi Mortgage, Citi Residential, CitiMortgage, deed in lieu, deficiency judgment, Foreclosure, Foreclosure Assistance, Foreclosure News, Foreclosure Numbers, Foreclosure Postponement, Foreclosure Rise, gmac, government program, HAFA, hamp, HARP, hasp, Help, HOA, Home Mistakes, Homeowners Association Dues, Loan Modification, Loan Modification Help, Making Homes Affordable, mha, mortgage assistance, Mortgage Bailout, Mortgage Help, Mortgage News, Negotiation Help, Obama, Obama Mortgage Rescue, ocwen, Ocwen Financial Corporation, Ocwen Loan Servicing, One West Bank, owb, WaMu, Washington Mutual, wells fargo, Wells Fargo Home Mortgage, Wilshire Credit Corporation

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...