Bank of America (NYSE: BAC) made a total of 20,666 permanent home loan modifications during the month of February under the government’s Making Home Affordable.

The Charlotte, N.C. based bank, along with Citigroup, made a significant increase in permanent modifications during the month of February. In January, Bank of America made 12,761 permanent modifications.

Bank of America has been on the receiving end of significant criticism related to its efforts to make home loan modifications for borrowers and in its efforts in responding to short sale deals. Many homeowners have criticized the bank for being unresponsive to their requests for short sales and modifications.

Full story is available on American Banking News