Posts Tagged ‘Bank Of America Certified Check’
Bank Of America Bank Check
Recent recession brought many unpleasant consequences to U.S. households: raising unemployment, declining income, and falling real estate market. All combined, it increased the number of foreclosures to historic maximum, and required immediate action on the part of the government. It followed shortly with introduction of the Home Affordable Modification Plan (HAMP) that was introduced as a part of the economy stimulus plan. As HAMP has many attractive features and incentives to homeowners, allowing avoiding foreclosure and restructuring existing mortgage, many lined up to apply.
While qualification criteria seemed to be straightforward and the process initially appeared