Countrywide forgave mortgage payments to end a PR mess involving a misfired email from Angelo Mozilo, a borrower says. Now, BofA threatens foreclosure.
MORE REASONS TO LEAVE YOUR BIG BANK: Lender forgave payments to avert PR crisis, borrower insists
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Unreal, but this highlights that old saying “Always get it in writing” (and in this case maybe a recording or two would help).
Why would anyone still be with a big bank?! They’re all Wall Street crime syndicates. The Bush bailout of 2008 proved this. Did we get a bailout?! Hell no! Like George Carlin once said: Its all one great big club, and we ain’t in it! Use a small local bank and keep a lot out in cash. I wouldn’t trust these vipers as far as I could throw them.