Thursday, April 22, 2010
Bank of America recently announced that they have come up with a new program, to help unemployed home owners. The program has not been approved as of yet, but might be approved some time soon. If you are unemployed and are collecting unemployment, Bank of American will allow you, with their permission, of course, to stop paying your mortgage for 9 months. What will happen after 9 months is obviously up to you, but the 9 months can help home owners find a new job, put some money aside, or simply sell their existing home.