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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 Tries to Foreclose on a Customer Who is Current on Payments


A woman in Tennessee is being forced out of her home by Bank of America. However, three months ago the woman was approved for a permanent loan modification by Bank of America.  The woman was not facing foreclosure and has being making her payments on time. She spoke with Bank of America and they told her to not worry because she is not in foreclosure, she will be fine. She called the law firm and they told her that she will be evicted on 10/19/2011 and that Bank of America was wrong.  This seems to be happening more and more often towards innocent homeowners whose main objective is just to be able to stay in their home.