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	<title>Comments on: Bank of America Cuts Mortgage Payments – $8.4 Billion Price Tag</title>
	<atom:link href="http://www.newhomessection.com/blog/bank-of-america-cuts-mortgage-payments-%e2%80%93-84-billion-price-tag/2008/10/14/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.newhomessection.com/blog/bank-of-america-cuts-mortgage-payments-%e2%80%93-84-billion-price-tag/2008/10/14/</link>
	<description>New Home and Home Builder Information</description>
	<lastBuildDate>Sat, 21 Nov 2009 09:07:31 -0800</lastBuildDate>
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		<title>By: Best CD Rates</title>
		<link>http://www.newhomessection.com/blog/bank-of-america-cuts-mortgage-payments-%e2%80%93-84-billion-price-tag/2008/10/14/comment-page-1/#comment-18200</link>
		<dc:creator>Best CD Rates</dc:creator>
		<pubDate>Sun, 07 Jun 2009 14:08:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.newhomessection.com/blog/?p=457#comment-18200</guid>
		<description>How many people have been able to participate in the Hope For Homeowners Program?  I have seen very little participation so far. </description>
		<content:encoded><![CDATA[<p>How many people have been able to participate in the Hope For Homeowners Program?  I have seen very little participation so far.</p>
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		<title>By: Multima$tery@Non ChexSystems Bank</title>
		<link>http://www.newhomessection.com/blog/bank-of-america-cuts-mortgage-payments-%e2%80%93-84-billion-price-tag/2008/10/14/comment-page-1/#comment-16214</link>
		<dc:creator>Multima$tery@Non ChexSystems Bank</dc:creator>
		<pubDate>Mon, 18 May 2009 21:07:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.newhomessection.com/blog/?p=457#comment-16214</guid>
		<description>Sounds good to me. Too bad the state of the economy has to come to a grinding halt before they decided to implement this EMERGENCY action.

&lt;abbr&gt;&lt;em&gt;Multima$terys last blog post..&lt;a href=&quot;null&quot; rel=&quot;nofollow&quot;&gt;Comment by Second Chance Checking Account&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>Sounds good to me. Too bad the state of the economy has to come to a grinding halt before they decided to implement this EMERGENCY action.</p>
<p><abbr><em>Multima$terys last blog post..<a href="null">Comment by Second Chance Checking Account</a></em></abbr></p>
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		<title>By: Chicago Realtor</title>
		<link>http://www.newhomessection.com/blog/bank-of-america-cuts-mortgage-payments-%e2%80%93-84-billion-price-tag/2008/10/14/comment-page-1/#comment-14853</link>
		<dc:creator>Chicago Realtor</dc:creator>
		<pubDate>Tue, 05 May 2009 18:25:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.newhomessection.com/blog/?p=457#comment-14853</guid>
		<description>Hope that everyone could go through this period of tough time, I know it is very difficult for the banks right now.

&lt;abbr&gt;&lt;em&gt;Chicago Realtors last blog post..&lt;a href=&quot;http://www.northharbordr.com/nice-rental-building-shoreham-at-the-lake-shore-east/100&quot; rel=&quot;nofollow&quot;&gt;Nice rental building Shoreham at the Lake Shore East&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>Hope that everyone could go through this period of tough time, I know it is very difficult for the banks right now.</p>
<p><abbr><em>Chicago Realtors last blog post..<a href="http://www.northharbordr.com/nice-rental-building-shoreham-at-the-lake-shore-east/100">Nice rental building Shoreham at the Lake Shore East</a></em></abbr></p>
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		<title>By: David@Chicago Collection Agency</title>
		<link>http://www.newhomessection.com/blog/bank-of-america-cuts-mortgage-payments-%e2%80%93-84-billion-price-tag/2008/10/14/comment-page-1/#comment-10429</link>
		<dc:creator>David@Chicago Collection Agency</dc:creator>
		<pubDate>Thu, 19 Mar 2009 18:17:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.newhomessection.com/blog/?p=457#comment-10429</guid>
		<description>Hopefully Bank of America is an example to other banks that are struggling to survive in these tough economic times.</description>
		<content:encoded><![CDATA[<p>Hopefully Bank of America is an example to other banks that are struggling to survive in these tough economic times.</p>
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		<title>By: Eric</title>
		<link>http://www.newhomessection.com/blog/bank-of-america-cuts-mortgage-payments-%e2%80%93-84-billion-price-tag/2008/10/14/comment-page-1/#comment-7890</link>
		<dc:creator>Eric</dc:creator>
		<pubDate>Wed, 28 Jan 2009 20:14:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.newhomessection.com/blog/?p=457#comment-7890</guid>
		<description>It is surprising but pleasing to see an institution actually work for consumers. Citi announced today that they weren&#039;t buying the $50M jet - only after heavy media pressure over their situation.</description>
		<content:encoded><![CDATA[<p>It is surprising but pleasing to see an institution actually work for consumers. Citi announced today that they weren&#8217;t buying the $50M jet &#8211; only after heavy media pressure over their situation.</p>
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		<title>By: Accountants in Phoenix, Arizona</title>
		<link>http://www.newhomessection.com/blog/bank-of-america-cuts-mortgage-payments-%e2%80%93-84-billion-price-tag/2008/10/14/comment-page-1/#comment-7312</link>
		<dc:creator>Accountants in Phoenix, Arizona</dc:creator>
		<pubDate>Thu, 08 Jan 2009 19:27:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.newhomessection.com/blog/?p=457#comment-7312</guid>
		<description>I wish that more financial institutes would do more and work harder to help those who need help the most...

&lt;abbr&gt;&lt;em&gt;Accountants in Phoenix, Arizonas last blog post..&lt;a href=&quot;http://phxcpa.net/arizona-small-business-accountant/how-to-cope-with-stock-market-volatility/&quot; rel=&quot;nofollow&quot;&gt;How to Cope with Stock Market Volatility&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>I wish that more financial institutes would do more and work harder to help those who need help the most&#8230;</p>
<p><abbr><em>Accountants in Phoenix, Arizonas last blog post..<a href="http://phxcpa.net/arizona-small-business-accountant/how-to-cope-with-stock-market-volatility/">How to Cope with Stock Market Volatility</a></em></abbr></p>
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		<title>By: Omari@How to Dating Online</title>
		<link>http://www.newhomessection.com/blog/bank-of-america-cuts-mortgage-payments-%e2%80%93-84-billion-price-tag/2008/10/14/comment-page-1/#comment-4921</link>
		<dc:creator>Omari@How to Dating Online</dc:creator>
		<pubDate>Mon, 27 Oct 2008 06:43:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.newhomessection.com/blog/?p=457#comment-4921</guid>
		<description>It&#039;s good to hear news like this, Bank of America is giving a positive step that will benefit thousands of home owners.

&lt;abbr&gt;&lt;em&gt;Omaris last blog post..&lt;a href=&quot;http://howtodatingonlinefree.com/the-popularity-of-online-dating/&quot; rel=&quot;nofollow&quot;&gt;The Popularity Of Online Dating&lt;/a&gt;&lt;/abbr&gt;&lt;/em&gt;</description>
		<content:encoded><![CDATA[<p>It&#8217;s good to hear news like this, Bank of America is giving a positive step that will benefit thousands of home owners.</p>
<p><abbr><em>Omaris last blog post..<a href="http://howtodatingonlinefree.com/the-popularity-of-online-dating/">The Popularity Of Online Dating</a></em></abbr></p>
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		<title>By: Florida Beach Real Estate</title>
		<link>http://www.newhomessection.com/blog/bank-of-america-cuts-mortgage-payments-%e2%80%93-84-billion-price-tag/2008/10/14/comment-page-1/#comment-4630</link>
		<dc:creator>Florida Beach Real Estate</dc:creator>
		<pubDate>Tue, 21 Oct 2008 08:12:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.newhomessection.com/blog/?p=457#comment-4630</guid>
		<description>The bank is actually helping people for a change? Sounds great, but I wonder what the catch is? Thanks for the post.</description>
		<content:encoded><![CDATA[<p>The bank is actually helping people for a change? Sounds great, but I wonder what the catch is? Thanks for the post.</p>
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		<title>By: Jayson</title>
		<link>http://www.newhomessection.com/blog/bank-of-america-cuts-mortgage-payments-%e2%80%93-84-billion-price-tag/2008/10/14/comment-page-1/#comment-4584</link>
		<dc:creator>Jayson</dc:creator>
		<pubDate>Mon, 20 Oct 2008 06:54:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.newhomessection.com/blog/?p=457#comment-4584</guid>
		<description>From what I understand everything depends on a lot of different things. Their goal is to keep the homeowner in the home so it could be a great low rate of ? or they may forgive some of the principal. They are going to work with each homeowner according to the homeowner&#039;s needs and what they can afford. Their goal is to get their payment to be no more than 34% of their income so if a 3% rate can do that.. I think that is what would be done.</description>
		<content:encoded><![CDATA[<p>From what I understand everything depends on a lot of different things. Their goal is to keep the homeowner in the home so it could be a great low rate of ? or they may forgive some of the principal. They are going to work with each homeowner according to the homeowner&#8217;s needs and what they can afford. Their goal is to get their payment to be no more than 34% of their income so if a 3% rate can do that.. I think that is what would be done.</p>
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		<title>By: Greg</title>
		<link>http://www.newhomessection.com/blog/bank-of-america-cuts-mortgage-payments-%e2%80%93-84-billion-price-tag/2008/10/14/comment-page-1/#comment-4574</link>
		<dc:creator>Greg</dc:creator>
		<pubDate>Mon, 20 Oct 2008 02:03:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.newhomessection.com/blog/?p=457#comment-4574</guid>
		<description>Any idea what kind of terms are being offered?</description>
		<content:encoded><![CDATA[<p>Any idea what kind of terms are being offered?</p>
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