Thursday, April 9, 2009

Finally! B of A Says They Are Beginning to Make Refinance Loans Under Obama Plan; Loan Mods in a Couple of Weeks.

It's been nearly two months since the Obama refinance and loan modification programs were first announced.

Today, Bank of America became the first major bank that I have seen to announce that they are starting to make their first refinance loans under the Obama Making Home Affordable Plan. News story from Housing Wire is HERE; story also says B of A anticipates making their first loan modifications under the Obama plan in the next couple of weeks.

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