BofA Opens First Of Three Nevada Outreach Centers

Posted by Orb Staff on June 02, 2010 No Comments
Categories : Mortgage Servicing

http://newsroom.bankofamerica.com/index.php?s=43&item=8718]Bank of America[/link] has opened the first of three outreach centers to serve Nevada mortgage customers who are experiencing financial hardship and seeking loan modifications or other foreclosure prevention assistance. The first outreach center is in Henderson, and additional centers in Las Vegas and Reno are expected to be opened by the end of this month. Following its acquisition of Countrywide in 2008, Bank of America now services about one in three mortgage loans in Nevada. The bank says it has completed mortgage modifications for more than 15,000 Nevada homeowners since January 2008. Another 7,500 borrowers in the state are currently in active trial modifications through the federal government's Home Affordable Modification Program. "Bank of America has been very active in working on financial solutions for our mortgage customers in Nevada, including a dedicated mobile team that has been in the state since January and frequent participation in homeowner outreach events," says Rebecca Mairone, national servicing executive for Bank of America Home Loans. "But we recognize that homeowners in Nevada have been faced with some of the most extreme economic conditions that require further special efforts on our part." SOURCE: [link=http://newsroom.bankofamerica.com/index.php?s=43&item=8718]Bank of America

Register here to receive our Latest Headlines email newsletter




Leave a Comment