Menu

Home › Forums › Other › San Diego sues Bank of America over foreclosures

Viewing 15 posts - 1 through 15 (of 31 total)
1 2 3
  • Author
    Posts
  • July 23, 2008 at 12:40 PM #13388
    Coronita
    Participant

    LOL:

    You folks catch this in the news?

    http://biz.yahoo.com/rb/080723/bankofamerica_foreclosures_lawsuit.html?.v=1

    SAN DIEGO (Reuters) – San Diego City Attorney Michael Aguirre said on Wednesday he had filed a lawsuit against Bank of America Corp (NYSE:BAC – News) and its Countrywide unit to prevent the mortgage lenders from foreclosing on homes in his city, which he aims to make a “foreclosure sanctuary.”

    Aguirre said he plans to file similar lawsuits against Washington Mutual Inc (NYSE:WM – News), Wells Fargo & Co (NYSE:WFC – News) and Wachovia Corp (NYSE:WB – News) in an effort to make the lenders negotiate with mortgage borrowers facing foreclosure. “We would like to see San Diego become a foreclosure sanctuary,” Aguirre said.

    (Reporting by Marty Graham in San Diego; Writing by Jim Christie; editing by Carol Bishopric)

    ——

    I love this statement: “foreclosure sanctuary”

    Thanks fellow taxpayers and San Diego citizens for your kind donations to the Church of the Fannie Mae and Freddie Mac 🙂

    In the lighter side of the news. BAC is $34/share today, which is slightly less than 90% up from last week before the curbs for shorting went in place. lol. This market makes no sense.

    July 23, 2008 at 12:50 PM #245230
    Arty
    Participant

    What’s a good price to re-buy into SKF? I wounder…

    July 23, 2008 at 12:50 PM #245378
    Arty
    Participant

    What’s a good price to re-buy into SKF? I wounder…

    July 23, 2008 at 12:50 PM #245386
    Arty
    Participant

    What’s a good price to re-buy into SKF? I wounder…

    July 23, 2008 at 12:50 PM #245443
    Arty
    Participant

    What’s a good price to re-buy into SKF? I wounder…

    July 23, 2008 at 12:50 PM #245452
    Arty
    Participant

    What’s a good price to re-buy into SKF? I wounder…

    July 23, 2008 at 1:33 PM #245270
    (former)FormerSanDiegan
    Participant

    I guess maybe Mr. Aguirre thinks this will score some re-election points.

    I wonder what real purpose does he think this will serve ?

    Why not also sue automotive finance companies so that they can’t repossess vehicles. Make it a repossession-free zone. Cool. Free-love, power to the people.

    Nutjob.

    July 23, 2008 at 1:33 PM #245419
    (former)FormerSanDiegan
    Participant

    I guess maybe Mr. Aguirre thinks this will score some re-election points.

    I wonder what real purpose does he think this will serve ?

    Why not also sue automotive finance companies so that they can’t repossess vehicles. Make it a repossession-free zone. Cool. Free-love, power to the people.

    Nutjob.

    July 23, 2008 at 1:33 PM #245428
    (former)FormerSanDiegan
    Participant

    I guess maybe Mr. Aguirre thinks this will score some re-election points.

    I wonder what real purpose does he think this will serve ?

    Why not also sue automotive finance companies so that they can’t repossess vehicles. Make it a repossession-free zone. Cool. Free-love, power to the people.

    Nutjob.

    July 23, 2008 at 1:33 PM #245483
    (former)FormerSanDiegan
    Participant

    I guess maybe Mr. Aguirre thinks this will score some re-election points.

    I wonder what real purpose does he think this will serve ?

    Why not also sue automotive finance companies so that they can’t repossess vehicles. Make it a repossession-free zone. Cool. Free-love, power to the people.

    Nutjob.

    July 23, 2008 at 1:33 PM #245492
    (former)FormerSanDiegan
    Participant

    I guess maybe Mr. Aguirre thinks this will score some re-election points.

    I wonder what real purpose does he think this will serve ?

    Why not also sue automotive finance companies so that they can’t repossess vehicles. Make it a repossession-free zone. Cool. Free-love, power to the people.

    Nutjob.

    July 23, 2008 at 1:48 PM #245285
    sdduuuude
    Participant

    I know if I were a bank and there was an area in which I was not allowed to foreclose, I would stop making loans in that area. This law would be the END of house buying.

    July 23, 2008 at 1:48 PM #245434
    sdduuuude
    Participant

    I know if I were a bank and there was an area in which I was not allowed to foreclose, I would stop making loans in that area. This law would be the END of house buying.

    July 23, 2008 at 1:48 PM #245444
    sdduuuude
    Participant

    I know if I were a bank and there was an area in which I was not allowed to foreclose, I would stop making loans in that area. This law would be the END of house buying.

    July 23, 2008 at 1:48 PM #245498
    sdduuuude
    Participant

    I know if I were a bank and there was an area in which I was not allowed to foreclose, I would stop making loans in that area. This law would be the END of house buying.

  • Author
    Posts
Viewing 15 posts - 1 through 15 (of 31 total)
1 2 3
  • You must be logged in to reply to this topic.