Our local bank, with huge revenues, never took a dime. Never lent a dime to anyone who was not credit worthy. Never lost a dime on their mortgages......is now being told they will have to pay an extra $45 million in ‘fees’ for the next ten years.
Oh, they are screaming big time at what really amounts to nothing more than hiway robbery.
The sad thing, Carley, is they won't pay them, you and the other customers will.