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Author Topic:   The Forecloser
reechee




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From:San Rafael, CA
Registered: Dec 2007
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posted 08-12-2011 10:54 PM     Click Here to See the Profile for reechee     send a private message to reechee   Edit/Delete Message   Reply w/Quote   Search for more posts by reechee
I know this is an old story by now, but the Daily Show video of the Florida couple that foreclosed on Bank of America, is just feel good fun. Enjoy.
http://www.hulu.com/watch/266526/the-daily-show-with-jon-stewart-the-forecloser#s-p4-sr-i1

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Manufacture or perish.

ALLEY CAT





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From:mesa, az, USA
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posted 08-13-2011 07:56 AM     Click Here to See the Profile for ALLEY CAT     send a private message to ALLEY CAT   Edit/Delete Message   Reply w/Quote   Search for more posts by ALLEY CAT
In fairness to BofA,,,,,they bought up both Countrywide and Merrill Lynch, who were in deep financial trouble, and along with them came their many existing, terrible mortgage loans which were made to under qualified homebuyers.

BofA has a bigger problem with AIG sueing them for $10 billion, from those terrible loans being package and sold to AIG. BofA would have been better off to let Countrywide and Merrill Lynch fail, IMO.

LEGOKAT

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From:Denver, CO, USA
Registered: Feb 2011
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posted 08-13-2011 10:05 AM     Click Here to See the Profile for LEGOKAT     send a private message to LEGOKAT   Edit/Delete Message   Reply w/Quote   Search for more posts by LEGOKAT
That is awesome! The sad part of the whole story is that anyone can legally foreclose on anyone else even if they don't know them. A little common sense would go a very long way these days.
Ed W.

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From:Port Huron, MI USA
Registered: Jan 2003
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posted 08-13-2011 08:39 PM     Click Here to See the Profile for Ed W.     send a private message to Ed W.   Edit/Delete Message   Reply w/Quote   Search for more posts by Ed W.
quote:
Originally posted by LEGOKAT:
That is awesome! A little common sense would go a very long way these days.

The sad part of it is 'Common sense is not very common anymore'.

padroo



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From:Chesterton, IN, USA
Registered: Dec 2010
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posted 08-14-2011 01:04 PM     Click Here to See the Profile for padroo     send a private message to padroo   Edit/Delete Message   Reply w/Quote   Search for more posts by padroo
Another sad part is that no one went to jail!

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