Released: October 12, 2009

A scramble to modify loans

Source: Renae Merle, Washington Post (Free Registration)

Plano, Tex. - Bank of America employees are reminded every day of how far they still have to go. Just outside the elevators of their vast third-floor command center, attached to the wall, is a cardboard thermometer that shows them inching toward their goal of signing up 125,000 struggling borrowers for a federal program to modify their mortgages.

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