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Through the first half of 2010, Bank of America has completed mortgage modifications providing homeownership retention solutions for about 160,000 homeowners who face difficulties in making their monthly payments due to economic conditions. That brings the bank's total of modified home loans to 650,000 since January 2008. Bank of America continues to lead all mortgage servicers with the completion of more than 72,000 permanent Home Affordable Modification Program (HAMP) modifications completed through June.

For customers who don't qualify for the government's program, the bank may consider a wide range of proprietary modification programs or individualized solutions. The bank completed nearly 17,000 non-HAMP modifications in June, bringing the total for the year to nearly 88,000. And, since January 2008, close to 580,000 proprietary modifications have been completed for Bank of America Home Loans customers.

Customer Mortgage Assistance - Customers in need of mortgage assistance can call 1.800.669.6607



The information provided is intended for use by mortgage professionals and financial institutions regarding secondary transactions only. Rates and programs subject to change without notice. Official Sponsor 2004-2008 U.S. Olympic Teams
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