Friday, February 24, 2012

Bank of America stops selling mortgages to Fannie Mae

Is that because non-HAMP mods have a higher rate of default and BOA will be forced to repurchase them? If so, why would BOA provide mods they know aren't going to work out in the first place? Just asking.

http://www.housingwire.com/article/bank-america-stops-selling-mortgages-fannie-mae

1 comment:

  1. This was a good suggestion that you put up here...dude…..hope that it benefits all the ones who land up here. 

    Alberta Mortgage

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