Guy D. Cecala, publisher of Inside Mortgage Finance magazine, says he does not hear much sympathy from lenders for their underwater customers.http://ping.fm/KlwJt
Bank Of America is testing their new principal mortgage balance reduction program…and it seem that this type of program will be adapted by the Treasury Department!http://ping.fm/fGCwh
Servicers receiving our tax dollars include: Bank of America, Chase Home Finance, CitiMortgage, GMAC Mortgage, Midland Mortgage, PNC Bank, US Bank and Wells Fargo Bank.http://ping.fm/5GA3K
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