enthalpy

Wednesday, March 24, 2010


You're not still paying your mortgage, are you? sucker. If you wait long enough, it'll be free!
Bank of America Corp. is giving some of its most troubled mortgage borrowers relief from the threat of foreclosure.

The bank, the largest mortgage servicer in the country, said Wednesday it will forgive up to 30 percent of some customers' total mortgage balances. The homeowners must have missed at least two months of mortgage payments and owe at least 20 percent more than their home is currently worth.

The plan is the newest provision of an agreement the Charlotte, N.C.-based bank reached 18 months ago with state attorneys general to settle charges over high-risk loans made by Countrywide Financial Corp.
Sorry you bought a house you could afford. If only you'd been a dumbass and gone nuts on a McMansion you could never be expected to pay for, guess what?!? You wouldn't be expected to pay for it!



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