TITLE

BANK OF AMERICA DEAL WILL HELP ABOUT 11,000 NEVADANS

AUTHOR(S)
Edwards, John G.
PUB. DATE
October 2008
SOURCE
Las Vegas Business Press (10712186);10/20/2008, Vol. 25 Issue 42, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article announces that some 11,000 Nevadans will keep their homes and avoid foreclosure under a tentative agreement between state officials and the Bank of America Corp. According to Attorney General Catherine Cortez Masto, her office has been working with mortgage lender Countrywide and the larger settlement states to bring some immediate relief for Nevada homeowners. It states that the bank agreed to make loan modifications that would save Nevadans up to $219 million through reduced interest payments.
ACCESSION #
34969893

 

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