BofA Paying It's Share!: In an announcement today, Bank of America has confirmed that it has already completed or approved for processing $15.8 Billion in consumer relief for 164,000 homeowners under its agreement in the recent mortgage settlement agreement it participated in. This is as of September 30. One form is forgiveness of first liens in the amount of $4.75 Billion in principal forgiveness offered to 30,000 borrowers. The bank has also provided short sale or deed in lieu settlements to an additional 62,000 borrowers. As far as second line borrowers, they have also been helped by BofA. In an other form of relief, the bank has provided interest rate relief to another 1,000 borrowers. If you're a BofA borrower, hopefully you've already been in one of these groups. If you are with BofA and haven't yet been offered any relief under the settlement, you should get in touch with BofA now to see what their plans are for you, and if your obligation is included in their relief activities. As always, Good Luck.