And so it begins……..

[LesBaer45]

Man I feel stupid now. Why did I bust my hump to pay off my mortgage? I’m two months shy only to find out that if I’d have just drug it out a bit, I could have paid less on it and really have gotten a deal.

It’s not been a good week for me, I’m feeling ripped off in multiple ways. I need a stiff bourbon and a cigar. %-/

BofA To Cut Balances On Home Loans

Bank of America Corp. (BAC) will announce that it will offer more borrowers reductions in their mortgage loan balances in the latest twist on efforts to avert foreclosures.

The plan is the mortgage industry’s boldest move yet to address the plight of the millions of U.S. homeowners who are “under water,” owing more than the current values of their homes. It enhances an agreement Bank of America reached 18 months ago with state attorneys general to settle claims they made over certain high-risk loans made by Countrywide Financial before Bank of America acquired that lender in mid-2008.

Reductions of as much as 30% in loan principal will be offered to struggling borrowers who have subprime or so-called option adjustable-rate mortgages, known as option ARMs. (Option ARMs, no longer available, allow borrowers to start with minimal monthly payments and face steep increases later.)

Also included will be certain loans that have a fixed interest rate for the first two years before starting to adjust annually.

[NeetaT]

LesBaer45,

You should take great pride in yourself. People like you form the backbone of this country. You are the type of person who would not feel right taking a handout. Enjoy that stiff bourbon and cigar knowing that you stand above the crowd.

[NeetaT]

LesBaer45,

You should take great pride in yourself. People like you form the backbone of this country. You are the type of person who would not feel right taking a handout. Enjoy that stiff bourbon and cigar knowing that you stand above the crowd.

[NeetaT]

LesBaer45,

You should take great pride in yourself. People like you form the backbone of this country. You are the type of person who would not feel right taking a handout. Enjoy that stiff bourbon and cigar knowing that you stand above the crowd.

[NeetaT]

LesBaer45,

You should take great pride in yourself. People like you form the backbone of this country. You are the type of person who would not feel right taking a handout. Enjoy that stiff bourbon and cigar knowing that you stand above the crowd.

[NeetaT]

LesBaer45,

You should take great pride in yourself. People like you form the backbone of this country. You are the type of person who would not feel right taking a handout. Enjoy that stiff bourbon and cigar knowing that you stand above the crowd.

[AK]

Screw being the backbone of the country. I want to get a bunch of expensive crap for free, too!

[AK]

Screw being the backbone of the country. I want to get a bunch of expensive crap for free, too!

[AK]

Screw being the backbone of the country. I want to get a bunch of expensive crap for free, too!

[AK]

Screw being the backbone of the country. I want to get a bunch of expensive crap for free, too!

[AK]

Screw being the backbone of the country. I want to get a bunch of expensive crap for free, too!

[scaredyclassic]

i am more the buttbone. Maybe a vestigial bone? The funny bone? THE BONE is a drink involving bourbon, tabasco sauce, simple syrup and lime. google and drink it! It will give you the feeling of backbone

[scaredyclassic]

i am more the buttbone. Maybe a vestigial bone? The funny bone? THE BONE is a drink involving bourbon, tabasco sauce, simple syrup and lime. google and drink it! It will give you the feeling of backbone

[scaredyclassic]

i am more the buttbone. Maybe a vestigial bone? The funny bone? THE BONE is a drink involving bourbon, tabasco sauce, simple syrup and lime. google and drink it! It will give you the feeling of backbone

[scaredyclassic]

i am more the buttbone. Maybe a vestigial bone? The funny bone? THE BONE is a drink involving bourbon, tabasco sauce, simple syrup and lime. google and drink it! It will give you the feeling of backbone

[Author]

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