I thought Paulson pushed BAC to take on Countrywide? I remember paying close attention to this because our loan, taken out almost ten years ago, was somehow was sold to Countrywide where it stayed until last year when suddenly it was with BAC. We are the original owners of this house, built it on property my husband purchased back in the 60’s, but I’m starting to wonder what the title shows.
Now you know why. BAC is speeding up the foreclosures so they can unload all of the bad loans. the msm is saying the Banks are sitting on all the property waiting for property values to inch up. I don’t believe it. I think they knew this news was going to break, and tried to beat it with their own headline. I wonder if the msm will talk about this story tomorrow?
You know what gets me about this? as if people didn’t have enough to worry about. If Paulson had anything to do with BOA, buying CW he should go to jail. They should have been allowed to only buy the good loans.
See post #5