Thank goodness that esmith posted the definition of ‘FB’ on urbandictionary.com. 🙂 I’m a bit slow sometimes.
Anyway… I’m starting to get curious about how the various financial institutions will react to this situation. I was in Sunnyvale last weekend and the Downey Savings branch had a big sign saying that they’re directly selling repos with great loan terms – essentially passing the existing loan off onto a new customer at who knows what price. Is it just me or is this form of direct marketing a new twist to this saga?
