Bank of America Transferring Half of Its Mortgage Loans to New Servicers

McGeough Lamacchia Realty reports Bank of America is sending out letters to certain borrowers announcing that their mortgage loans are getting transferred to new servicers. The letters are causing confusion for borrowers and delaying Bank of America short sales. Waltham, MA (PRWEB) October 02, 2012 McGeough Lamacchia Realty, a full service real estate company serving Massachusetts and New Hampshire, reports that Bank of America is sending out letters to certain borrowers informing them that their mortgages are getting transferred to new servicers. McGeough Lamacchia Realty learned of thes
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