Good news for people who are stuck in a ARM and can’t afford it!! Bank of America (Countrywide) has reached a settlement worth $8.6 billion to help offset the wave of foreclosures. This could help upwards of 390,000 struggling homeowners!!
If you have a mortgage from Countrywide, you might be eligible for this. I strongly recommend contacting them and finding out if you can reduce your mortgage.
Find out more info here Click here