BofA Announcement

[SD Realtor]

I presume you guys have read about the BofA announcement with regards to forgiving small amounts of mortgage debt?

[Coronita]

meh… I’m so numb, I don’t care anymore…

Hmm. BAC is looking pretty tasty at $7/share….

[bearishgurl]

SDR, can you post a link of the details? All I could google was a March 2010 BAC forgiveness program available only to Countrywide subprime customers for up to 30% of the loan balance. In this program, the bank would forgive up to 6% per year for five years as long as the homedebtor kept up timely payments.

[ucodegen]

[quote=flu]meh… I’m so numb, I don’t care anymore…

Hmm. BAC is looking pretty tasty at $7/share….[/quote]
Wait for it.. let it come to you… Remember, it is May and the saying that goes with it.

[Diego Mamani]

[quote=bearishgurl]All I could google was a March 2010 BAC forgiveness program (…)[/quote]
You’re supposed to newsgoogle, not google 🙂
Here:

http://www.washingtonpost.com/business/bank-of-america-begins-contacting-more-than-200000-customers-for-possible-mortgage-reductions/2012/05/08/gIQAV1Y2AU_story.html

[Diego Mamani]

[quote=flu]Hmm. BAC is looking pretty tasty at $7/share….[/quote]
I don’t know… BAC was trading at $5 last December.

I’m glad that I bought WFC in March ’09 when there was blood on the streets. Should I sell it know?

[Coronita]

[quote=ucodegen][quote=flu]meh… I’m so numb, I don’t care anymore…

Hmm. BAC is looking pretty tasty at $7/share….[/quote]
Wait for it.. let it come to you… Remember, it is May and the saying that goes with it.[/quote]

I know.. I’m waiting.

[Author]

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