Do you think banks forgiving the second lien mortgage debt of some homeowners will help these homeowners stay in their homes?
Yes. (64%, 154 Votes)
No. (36%, 88 Votes)
Total Voters: 242
Is your client one of the “lucky” few receiving Bank of America (BofA)’s second lien mortgage forgiveness letter? Around 150,000 homeowners nationwide have had their second lien balances forgiven and released by BofA, in accordance with the national settlement’s directive on principal reduction.