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  • September 15, 2009 at 4:49 PM #457787
    waterboy
    Participant

    Nice work Ox. I was talking to one of the BofA financial advisors the other day and he said you can actually get a loan from them 3 different ways and the rate is different for all 3…pretty screwed up IMO.

    I actually tried using them about a yr ago and they were slow and non responsive then and I even knew the loan officer personally. She always had an excuse for everything so after 2 weeks I switched to SDCCU and they got it done fast. SDCCU did try to change programs on me as the one we started with was no longer offered when I closed, but we I made some noise and got the exception.

    I don’t really feel comfortable with any lender which is why my deposit is always contingent on full loan approval/docs

    September 15, 2009 at 4:53 PM #456991
    ucodegen
    Participant

    Looks like it stirred things up. I got them all hopping now and the finger pointing is rampant. Without going into all the detail, it looks like it is finally going to happen.

    Maybe your initial problems were because you got caught with the equivalent of the Wells Fargo lady…

    I think there are those types in every business. I suspect Wells and BofA had to staff up to handle the foreclosures and rapid loan turn-over on top of new loans.. in the process, BofA and Wells might have picked up some bad apples.

    I had a problem with bad apple(s) with TDAmeritrade, right after the merger. I had a significant position on a stock that had a heavy naked short interest on it. When TDWaterhouse and Ameritrade merged, the position disappeared from my account (it hadn’t been converted to cash either). Even though I was an APEX client, I was getting the run-around. I finally called into the corporate legal department and calmly laid out the whole situation with them. It was fixed COB that day. I would have loved to be a ‘fly on the wall’ when legal was tracking the issue down…

    September 15, 2009 at 4:53 PM #457185
    ucodegen
    Participant

    Looks like it stirred things up. I got them all hopping now and the finger pointing is rampant. Without going into all the detail, it looks like it is finally going to happen.

    Maybe your initial problems were because you got caught with the equivalent of the Wells Fargo lady…

    I think there are those types in every business. I suspect Wells and BofA had to staff up to handle the foreclosures and rapid loan turn-over on top of new loans.. in the process, BofA and Wells might have picked up some bad apples.

    I had a problem with bad apple(s) with TDAmeritrade, right after the merger. I had a significant position on a stock that had a heavy naked short interest on it. When TDWaterhouse and Ameritrade merged, the position disappeared from my account (it hadn’t been converted to cash either). Even though I was an APEX client, I was getting the run-around. I finally called into the corporate legal department and calmly laid out the whole situation with them. It was fixed COB that day. I would have loved to be a ‘fly on the wall’ when legal was tracking the issue down…

    September 15, 2009 at 4:53 PM #457527
    ucodegen
    Participant

    Looks like it stirred things up. I got them all hopping now and the finger pointing is rampant. Without going into all the detail, it looks like it is finally going to happen.

    Maybe your initial problems were because you got caught with the equivalent of the Wells Fargo lady…

    I think there are those types in every business. I suspect Wells and BofA had to staff up to handle the foreclosures and rapid loan turn-over on top of new loans.. in the process, BofA and Wells might have picked up some bad apples.

    I had a problem with bad apple(s) with TDAmeritrade, right after the merger. I had a significant position on a stock that had a heavy naked short interest on it. When TDWaterhouse and Ameritrade merged, the position disappeared from my account (it hadn’t been converted to cash either). Even though I was an APEX client, I was getting the run-around. I finally called into the corporate legal department and calmly laid out the whole situation with them. It was fixed COB that day. I would have loved to be a ‘fly on the wall’ when legal was tracking the issue down…

    September 15, 2009 at 4:53 PM #457599
    ucodegen
    Participant

    Looks like it stirred things up. I got them all hopping now and the finger pointing is rampant. Without going into all the detail, it looks like it is finally going to happen.

    Maybe your initial problems were because you got caught with the equivalent of the Wells Fargo lady…

    I think there are those types in every business. I suspect Wells and BofA had to staff up to handle the foreclosures and rapid loan turn-over on top of new loans.. in the process, BofA and Wells might have picked up some bad apples.

    I had a problem with bad apple(s) with TDAmeritrade, right after the merger. I had a significant position on a stock that had a heavy naked short interest on it. When TDWaterhouse and Ameritrade merged, the position disappeared from my account (it hadn’t been converted to cash either). Even though I was an APEX client, I was getting the run-around. I finally called into the corporate legal department and calmly laid out the whole situation with them. It was fixed COB that day. I would have loved to be a ‘fly on the wall’ when legal was tracking the issue down…

    September 15, 2009 at 4:53 PM #457792
    ucodegen
    Participant

    Looks like it stirred things up. I got them all hopping now and the finger pointing is rampant. Without going into all the detail, it looks like it is finally going to happen.

    Maybe your initial problems were because you got caught with the equivalent of the Wells Fargo lady…

    I think there are those types in every business. I suspect Wells and BofA had to staff up to handle the foreclosures and rapid loan turn-over on top of new loans.. in the process, BofA and Wells might have picked up some bad apples.

    I had a problem with bad apple(s) with TDAmeritrade, right after the merger. I had a significant position on a stock that had a heavy naked short interest on it. When TDWaterhouse and Ameritrade merged, the position disappeared from my account (it hadn’t been converted to cash either). Even though I was an APEX client, I was getting the run-around. I finally called into the corporate legal department and calmly laid out the whole situation with them. It was fixed COB that day. I would have loved to be a ‘fly on the wall’ when legal was tracking the issue down…

    September 15, 2009 at 5:40 PM #457000
    jpinpb
    Participant

    How completely frustrating. dave’s refi

    I don’t know how you guys don’t sue. I’m glad you got on the horn and light a match under their behind!

    September 15, 2009 at 5:40 PM #457195
    jpinpb
    Participant

    How completely frustrating. dave’s refi

    I don’t know how you guys don’t sue. I’m glad you got on the horn and light a match under their behind!

    September 15, 2009 at 5:40 PM #457537
    jpinpb
    Participant

    How completely frustrating. dave’s refi

    I don’t know how you guys don’t sue. I’m glad you got on the horn and light a match under their behind!

    September 15, 2009 at 5:40 PM #457609
    jpinpb
    Participant

    How completely frustrating. dave’s refi

    I don’t know how you guys don’t sue. I’m glad you got on the horn and light a match under their behind!

    September 15, 2009 at 5:40 PM #457802
    jpinpb
    Participant

    How completely frustrating. dave’s refi

    I don’t know how you guys don’t sue. I’m glad you got on the horn and light a match under their behind!

    September 15, 2009 at 7:50 PM #457025
    moneymaker
    Participant

    Even though I went through Countrywide,now owned by B of A, I had similar problems. They promised 30 days,had paper work to them in a matter of days, and it ended up taking 45 days. Would not respond to E-mails, loan processor would call in sick and no one would know. It was horrible, like a train wreck in slow motion. Not as bad as the broker we left who tried to get me a loan with a company that had it’s license revoked in CA for non disclosure and was still operating under the same name, broker didn’t even know. Took me just a few minutes to check them out using the internet. The originating loan officer was the only person I would call a professional in the whole process. If I had to do it again, and I won’t have to, I would run 2 or 3 loan apps simultaneously and who ever drags their feet gets dropped. All in all everything turned out just great, the only time I’ve ever seen my wife in tears was during this process.

    September 15, 2009 at 7:50 PM #457220
    moneymaker
    Participant

    Even though I went through Countrywide,now owned by B of A, I had similar problems. They promised 30 days,had paper work to them in a matter of days, and it ended up taking 45 days. Would not respond to E-mails, loan processor would call in sick and no one would know. It was horrible, like a train wreck in slow motion. Not as bad as the broker we left who tried to get me a loan with a company that had it’s license revoked in CA for non disclosure and was still operating under the same name, broker didn’t even know. Took me just a few minutes to check them out using the internet. The originating loan officer was the only person I would call a professional in the whole process. If I had to do it again, and I won’t have to, I would run 2 or 3 loan apps simultaneously and who ever drags their feet gets dropped. All in all everything turned out just great, the only time I’ve ever seen my wife in tears was during this process.

    September 15, 2009 at 7:50 PM #457562
    moneymaker
    Participant

    Even though I went through Countrywide,now owned by B of A, I had similar problems. They promised 30 days,had paper work to them in a matter of days, and it ended up taking 45 days. Would not respond to E-mails, loan processor would call in sick and no one would know. It was horrible, like a train wreck in slow motion. Not as bad as the broker we left who tried to get me a loan with a company that had it’s license revoked in CA for non disclosure and was still operating under the same name, broker didn’t even know. Took me just a few minutes to check them out using the internet. The originating loan officer was the only person I would call a professional in the whole process. If I had to do it again, and I won’t have to, I would run 2 or 3 loan apps simultaneously and who ever drags their feet gets dropped. All in all everything turned out just great, the only time I’ve ever seen my wife in tears was during this process.

    September 15, 2009 at 7:50 PM #457634
    moneymaker
    Participant

    Even though I went through Countrywide,now owned by B of A, I had similar problems. They promised 30 days,had paper work to them in a matter of days, and it ended up taking 45 days. Would not respond to E-mails, loan processor would call in sick and no one would know. It was horrible, like a train wreck in slow motion. Not as bad as the broker we left who tried to get me a loan with a company that had it’s license revoked in CA for non disclosure and was still operating under the same name, broker didn’t even know. Took me just a few minutes to check them out using the internet. The originating loan officer was the only person I would call a professional in the whole process. If I had to do it again, and I won’t have to, I would run 2 or 3 loan apps simultaneously and who ever drags their feet gets dropped. All in all everything turned out just great, the only time I’ve ever seen my wife in tears was during this process.

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