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In response to consumer desire for increased transparency in the home loan process, Bank of America has launched its so-called “Clarity Commitment” to promote responsible lending. The move, which just happens to coincide with the rebranding of Countrywide to “Bank of America Home Loans,” aims to help borrowers better understand the terms of their mortgages, something [...]

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Tags: Bank, Borrower, Home, Loan, Mortgage, Mortgages

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