A new program being tested by Bank of America Home Loans on a limited number of delinquent mortgages would enable borrowers to hand over the titles to their properties but stay on as renters. The program could be expanded if it proves successful. The pilot program was launched this week in targeted hard-hit housing markets. [...]
Posts Tagged ‘Deed-in’
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BofA Tests Deed-in-Lieu Rentals
March 23rd, 2012 
davidguide 
Posted in Business Loans 
Tags: bank of america, bank of america home loans, BofA, Deed-in, delinquent mortgages, home, Housing, perception, post, public perception, Rentals 
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