Bank of America steps up foreclosure prevention efforts

January 26th, 2010

One roadblock slowing Obama's foreclosure prevention program seems to be clearing up. Bank of America, the nation's largest mortgage lender, announced Tuesday that it was the first lender to sign an agreement to lower or eliminate payments on second mortgages.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/rahjo8JGPjE" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com

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