And Bank stocks surge on THIS news. What is going on with WS. Are there some people or brokers that are manipulating the market?
My mortgage payments go to BOA, but I’m still not sure what all this means. How will it affect me, and everyone else that makes payments to BOA.
When I refinanced 2 years ago the first new payments went to Countrywide and I felt uneasy about that. After a few months the payments went to BOA, so I didn’t mind as much. But now, who knows what the heck is going on.
I’ll take any advise anyone wants to give at this point.
Yup, here it goes!
And wait till the flood of Motion for Quiet Titles hits the county courts in the coming weeks. Mine gets filed next week.
Sorry, but EVERY institution that had ANYTHING to do with mortgages, title insurance, MBS sales, etc. are ALL GOING DOWN.
And there were people who had as their only concern the possibility that someone might get a “free house.”
Well, don’t look now, boys and girls, but some really big turdage is about to hit an industrial-sized fan turning at about 10,000 RPM. It is entirely conceivable that the banks screw we taxpayers again... if the GOP has any brains in their plump posteriors, they’ll make a campaign issue of “no more bailouts for the banks!”
BOA got a bag of turds when it purchased Countrywide.
Ha!