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Good News for B of A borrowers !

Bank of America has cut yet another deal with the government which will result in the opportunity for up to 200,000 borrowers who are upside down on their mortgage to get relief.  This deal is in addition to the deal struck several weeks ago by B of A and several other large mortgage lenders which would result in 25 million dollars in mortgage benefits being applied by the banks in return for a settlement of various State filed lawsuits.

So, if you have already gone through the process once, twice, or even three times with B of A with no success, don't give up !.  The 4th time may well be the charm.

Arnold Politzer