BofA to notify borrowers of foreclosure help

Bank of America, which purchased Countrywide last year, reached an agreement last fall with state attorneys general to make up to $150 million of relief available to certain borrowers who experienced a foreclosure, short sale or deed-in-lieu of foreclosure after taking out a Countrywide mortgage.

* Payments to begin in first quarter of 2010
* Bank to offer $150 million to Countrywide borrowers

Read more from Reuters

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