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"The median monthly payment reduction for borrowers enrolled in
the (HAMP) program is $522" - DSnews.com

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Bank of America Foreclosing on Hawaiian Home Owners


An organization that was founded in 1996 called Faith Action for Community Equity (FACE) has been dealing with homeowners who are facing foreclosure for many years and has been keeping track of the data. There are over 30% of fraudulent mortgage complaints against bank of America in the State of Hawaii.  The complaints are mainly about homeowners that are facing foreclosure.   Many homeowners in Hawaii are extremely upset about how Bank of America has been treating them. Bank of America owns 52,000 mortgages within the state of Hawaii. Out of the top ten states with the highest foreclosure ratings, Hawaii was the highest with 86%, for the month of November 2010.