Bank of America Suspends Cash-out Refis on FHA/VA

In the midst of a refinancing boom, Bank of America has decided to suspend all cash-out refinancings on FHA and VA loans, according to a product update notice provided to National Mortgage News.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_444/bofa_suspends_cash_out_refis-1026796-1.html

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