Landmark FHA reform legislation re-introduced

Bank of America offers mortgage for teachers and first respondersMortgagePress.comMortgage loans for teachers,first responders Bank of America has announced a mortgage program exclusively for police officers, firefighters, teachers and medical workers, called the Neighborhood Champions Protected Mortgage. The mortgage includes an insurance feature that will repay all or a portion of the borrower's outstanding mortgage balance (up to $300,000) in the event of accidental death, permanent paralysis or dismemberment. In the case of multiple borrowers, the insurance feature applies to the first two co-borrowers listed on the mortgage application. Bank of America is a commercial bank based in Charlotte, N.C. For more information, call (800) 900-9000 or visit www.bankofamerica.com.