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Bank of America Cooperative Short Sales Program created to expedite approval

12/16/2009
By Carol Hines
Bank of America Cooperative Short Sales Program created to expedite approval

Bank of America Cooperative Short Sales Program created to expedite approval Bank of America, the nation’s largest loan servicer, had one of the lowest loan modification rates, with 14 percent of problem loans in trial workout plans as of Oct. 31, according to the Obama Administration. The Charlotte, North Carolina-based bank started a “cooperative...
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