What Is My Home Worth?

Thursday, May 10, 2012

Bank of America Offers Principal Reductions to 200,000 Homeowners

Bank of America Offers Principal Reductions to 200,000 Homeowners: A select group of struggling mortgage borrowers are about to get an offer that sounds too good to be true. Executives at Bank of America admit that, as they begin mailing 200,000 letters offering certain customers mortgage principal reduction.