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Has anyone had a successful loan modification from Bank of America? [View All]

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Lucinda Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 06:36 PM
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Has anyone had a successful loan modification from Bank of America?
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I have a friend that called to ask about it, was bombarded with packages to apply for the mod, then has been strung along ever since he turned the paperwork in. First they said it will take 30 days, next call said 90, now he's being told it could take several months. The value of the house is well beyond the mortgage price, and he's thinking they are deliberately dragging this out...Anyone had a successful modification w/ BoA?

FWIW - His original mortgage was with Countrywide then sold to BoA...

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