Bank of America Sends Principal Reduction Notices to Borrowers

Bank of America said it has started mailing the first of 200,000 notices to borrowers who may qualify for a principal reduction under the terms of the settlement agreement with the state AGs and federal officials.

Article source: http://www.nationalmortgagenews.com/dailybriefing/boa-principal-reduction-notices-1030312-1.html

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