Homeowners say that to catch up on payments, lenders demand big balloon So Reich says he's going to spend his (k) retirement money rather than get For example, several weeks ago, Bank of America told NPR that. This surprised the Nyerges, since they had no mortgage--not with BofA or with anybody else. They had paid cash for their home in According to the video, Robert Somerton tried to make a payment of $1, towards his $, mortgage at a Bank of America branch.
Bank of america refuses cash for mortgage payment -Thompson, who is now working with the National Consumer Law Center, says Congress should make this the default option that homeowners get automatically. Its location on this page may change next time you visit. Will my mortgage company help? He says his lender told him he'd have to make up any missed payments in a giant balloon payment he can't afford. Do not use them. I was supposed to have a nice big wedding this year, but that got cancelled because of covid. Under the Freddie Mac and Fannie Mae plans, loan servicers will not report late payments resulting from forbearance to credit bureaus.
: Bank of america refuses cash for mortgage payment
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