Back To Blog

"Mortgage Walkaways" a Term for the Times.

  • By
  • Posted

This morning, executives at Bank of America rolled out their new "Principal Reduction Enhancement" program, which is an earned principal forgiveness plan for borrowers behind on their mortgages and whose loans are at least 20 percent underwater in value. CNBC's Real Estate Reporter, Diana Olick reports. Read the full story.

Add Comment

Comments are moderated. Please be patient if your comment does not appear immediately. Thank you.


  1. No comments. Be the first to comment.

Get in touch

Do not fill in this field: