2012-09-02npr.org

``"The report showed that Bank of America Corp. faltered in one key area of the settlement, completing no modifications of first mortgages from March 1 to June 30, the period covered in the first status report released by the Office of Mortgage Settlement Oversight.

"The other four banks covered by the settlement -- JPMorgan Chase & Co., Wells Fargo & Co.,Citigroup Inc. and Ally Financial Inc. -- reported that they had completed 7,093 modifications of first-lien mortgages worth a total of $749 million.JPMorgan Chase completed the most such modifications with $367 million.''


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