52 % increase in mortgages Of Bank Of America Corp. in October

Bank of America Corp. said about 25,000 to modify mortgages in October, up 52 percent from the previous month amid freezing of the lender in the sale of foreclosure in 27 states.

About 90 percent of the amendments were approved by the bank's own programs, the Bank of Charlotte, North Carolina based in a statement. The rest of the revisions were approved by the U.S. Government Home Affordable Program Modification, or HAMP. The modifications typically involve reducing interest rates or extend the time the loan must be paid.

Congressional leaders and housing activists have criticized the industry HAMP not stop the growth of foreclosures and banks to make the process too slow and complex. About 2.1 million U.S. households are in the process of foreclosure, with 5 million of loans at least 30 days delinquent, Lender Provider Data Processing Services Inc. said in a report of 16 November.

In late October, about 50,000 customers of Bank of America were active through HAMP test modifications, compared to 62,000 in September and 250,000 in March, said the lender. Bank of America has resumed sales of foreclosure in 23 states, while seizures of freezing in 27 others, as studies of its processes. The bank is the largest in U.S. lender by assets and the largest second home after San Francisco, Wells Fargo & Co.