BofA and 4 other major lenders to slash mortgage balances by $100,000 or more

Great News for Homeowners :
As part of the $26 billion settlement reached between the five major mortgage servicers, the federal government and the attorneys general of 49 states and District of Columbia last month, Bank of America (BAC, Fortune 500) customers who qualify could see their mortgages reduced by an average of $100,000 or more. Read the article:

BofA to slash mortgage balances by $100,000 or more
Source: money.cnn.com

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