Here’s What You Should Do If You Just Received A Default Notice From Bank Of America:

by Vivian Giang, Businessinsider

It looks like banks are finally moving on the backlog of delinquent mortgages. Default notices surged 33% in August, with a 200% increase by Bank of America.That means many Americans are receiving a scary letter for the first time. Here’s what you should do if you are one of them:

Contact your mortgage lender immediately. Avoiding notices and calls will only make things worse, as the [...]