Bank of America To Modify Second Mortgages

They are the first servicer to sign on but I am not going to write anything on this because of this statement.  “The Treasury Department has not yet issued final guidelines for the program; administration officials say they expect to do so soon.”

Feel free to click on the link below and read it in it’s entirety. 

http://blogs.wsj.com/developments/2010/01/26/bank-of-america-agrees-to-modify-second-mortgages/