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Principle Foregiveness – Barclays Capital Examines Implications of Bank of Americas “Earned” Forgiveness Plan

Posted by 4closureFraud on March 25, 2010 · 1 Comment

Don’t Believe the Hype In yesterdays press release Bank of America stated; Bank of America announced it will look first at principal forgiveness ahead of an interest rate reduction – when modifying certain subprime, Pay-Option and prime two-year hybrid mortgages qualifying for its National Homeownership Retention Program (NHRP) Several enhancements are being made to the … Read more

Filed under bankruptcy, cdo, cds, Corruption, Fannie Mae, foreclosure, Foreclosure Fraud, freddie mac, MERS, mortgage electronic registration system, Mortgage Fraud, securities fraud · Tagged with 4closurefraud, bailout, bank of america, Barclays Capital, boa, cdo, cds, country wide, Earned Forgiveness Plan, fight the banks, foreclosure, Foreclosure Fraud, HAMP, livinglies, NHRP, predatory lending, Principle Foregiveness, produce the note, securities fraud, securitized, subprime, wall street fraud

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Principle Foregiveness – Barclays Capital Examines Implications of Bank of Americas “Earned” Forgiveness Plan

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