Holders of delinquent loans under fire
US says Bank of America, Wells Fargo lag in easing homeowners’ payments
Bank of America Corp. and Wells Fargo Home Mortgage, two of the nation’s largest owners of delinquent mortgages, have reduced mortgage payments for only a small number of homeowners under the Obama administration’s plan to stem the foreclosure crisis, well below the performance of other banks. (Full article: 634 words)
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