I live in California. Have a second with BofA 8.75 percent 30 years fully amortized conventional second (orginally with Countrywide) and my house is severly undewater. I received a letter on 4/26/12 from BofA stating we are considering your loan for relief under the Department of Justice and State Attorneys General Global Settlement. I've never been late and my loan is in good standing. I call BofA every week and they tell me the same story. "When the program is finalized we will contact you." Interesting becuase I am hearing on these forumsn that people are settling. Not sure what I should do here. I think BofA is full of it and they won't even look at me becuase I make my payment and have a good income.