Bank of America Corp (NYSE: BAC) to Open Mortgage Outreach Centers in Nevada

Bank of America Corp (NYSE: BAC) announced that it would be opening three outreach centers in Nevada to help struggling homeowners.

The outreach centers will be tasked with serving Bank of America Corp (NYSE: BAC)’s Nevada customers get loan modifications and other foreclosure assistance. The Charlotte-based bank opened its first center last Tuesday in Henderson, NV and will open centers in Reno and Las Vegas by the end of the month.

The center in Henderson comes less than one month after Nevada senator Harry Reid met with Bank of America Corp (NYSE: BAC) CEO Brian Moynihan to discuss the expansion of homeowner assistance efforts in the state.

Nevada currently has one of the highest foreclosure rates in the nation and now the foreclosure rate is one out of every sixty-nine housing units. Nevada’s numbers have increase for the last three years and four months, according to data from RealtyTrac.

“We recognize that homeowners in Nevada have been faced with some of the most extreme economic conditions that require further special efforts on our part,” said Rebecca Mairone, National Servicing executive for Bank of America Home Loans, in a statement.

Customers that pay a visit to one of Bank of America Corp (NYSE: BAC)’s resource centers can have face to face session with a homeownership retention specialist. The company said that each homeowner needing help will meet with the same specialist to improve its continuity.