The Dark Side of Bank of America’s Mortgage-Principal Forgiveness Program
March 25, 2010 by Heather Culp
Filed under Bankruptcy, Debt Settlement, Featured Articles, Recent News
Bank of America announced it would offer mortgage-principal forgiveness worth about $3 billion to 45,000 borrowers. The jury is (literally) out on whether it will be an equally good day for homeowners who can’t pay their debts.
