Wednesday, March 28, 2012

Bank of America's Mortgage to Lease Program is a Win-Win

The Wall Street Journal recently reported that Bank of America has started a pilot program that offers an alternative to foreclosure. BofA will let owners who are facing foreclosure surrender their deed but stay in their homes by renting it directly from Bank of America at a market rate. Why I think this is a win-win.




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2 comments:

  1. AnonymousAugust 1, 2012 at 7:24 AM

    Thanks for details
    Do you know any good mortgage calculator? i found this one http://mlcalculator.org and don't know it works good or not
    Thanks

    ReplyDelete
  2. AnonymousAugust 1, 2012 at 7:25 AM

    Thanks for details
    Do you know any good mortgage calculator? i found this one http://mlcalculator.org and don't know it works good or not
    Thanks

    ReplyDelete

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