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208 Posts in 153 Topics- by 2536 Members - Latest Member: ConavetaReoni

December 03, 2008, 09:28:19 PM
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Author Topic: Countrywide Foreclosure Freeze  (Read 773 times)
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lizandjer
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« on: October 07, 2008, 12:02:53 AM »
Bank of America has announced an $8.5B plan to help Countrywide borrowers avoid foreclosure.

Options available under the plan include locking in subprime teaser rates for 5 to 10 years, switching to interest only loans, or switching to a fixed APR as low as 3.5%.

Full Story:
Countrywide Foreclosure Avoidance Plan
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