If your mortgage is owned by Bank of America, you may get a pleasant surprise in the mail in the next few days.
Complaints from homeowners who believe they have been victims of illegal foreclosure practices are widespread. Yet, when millions of borrowers were offered an opportunity to have their foreclosure files reviewed so they could get compensated for the wrongdoing, few accepted the opportunity. Puzzling, no? As a result of the robosigning scandal, regulators last year required