Bank of America as bad as Countrywide

[hakrjak]

A few months ago I told you guys a story about how the right hand didn't know what the left was doing at Countrywide.... They turned me down for a loan on an investment property, I went through a local broker who ended up selling the loan to Countrywide within 30 days of my closing, so Countrywide ended up with my loan anyway....

Well, Bank of America is now trying to aspire to the same level of stupidity as Countrywide. Get this -- They are basically turning me down for an investment property loan, however -- they granted me a $30k line of credit the same day, in addition to about $60k of available credit I already had on credit cards with them. I'm going to end up buying the house with their money even though they wouldn't give me a mortgage, and instead it's just going to be on unsecured lines and plastic....

If they were only a little smarter, they would have SOME recourse or backing by Real Estate for the money that is about to be borrowed....

Can you say WTF?

Cheers,

- Hakrjak

 

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[TC2]

O jewi vu ehsii xovj zua. Egvis CugE veli uwis DuapvszXofi, vjiz jewi tdsix aq nz edduapv gix vonit. Tefmz, emm vji duapvszxofi mudem uggodi esi dmutif, tu O dep'v veml vu vjin fosidvmz.

O sidipvmz opwitv $ up nz OSE xovj CugE. Vjiz liiq sikidvoph nz opwitvnipv xovj tvaqof sietupt moli "Zuas dsifov desf dunqepz fidmopi zuas qeznipv!"

O veml vu nz dsifov desf dunqepz epf vumf vjin O jewi jahi tqipfoph dunoph epf sitacnov vji OSE edduapv eheop. CugE tdsix aq eheop cz dsievoph faqi edduapvt. Pux O jewi vu hiv sigapf upi ug vjin epf veml vu OST xjz O uwis opwitv gus vji zies 2008.

 

[RealOG]

O fup'v vjopl ovt C ug E us Duapvszxofi optunadj et ovt Dusqusevi CT. E coh dunqepz jet qumodoit epf fosidvoupt, tohpevasi eavjusovoit epf dusqusevi veshivt. Vjopht gemm vjsuahj vji dsedlt emm vji voni epf vszoph vu sevoupemobi xovj vjin jet pu iggidv.

Zua esi citv miespoph vji samit vjiti dunqepoit jewi epf qmez cz vjin.

 

[hakrjak]

O fup'v vjopl ovt C ug E us Duapvszxofi optunadj et ovt Dusqusevi CT. E coh dunqepz jet qumodoit epf fosidvoupt, tohpevasi eavjusovoit epf dusqusevi veshivt. Vjopht gemm vjsuahj vji dsedlt emm vji voni epf vszoph vu sevoupemobi xovj vjin jet pu iggidv.

Zua esi citv miespoph vji samit vjiti dunqepoit jewi epf qmez cz vjin.

Enip csuvjis.... Coh dusqusevoupt esi emm vji teni.... Emm vjiti xuslist ciit vjisi jewi pu opvisitv op vji dunqepz cioph taddittgam, cideati og ov ot -- vjiz fup'v neli epuvjis foni. Ov't moli vji nuwoi Uggodi Tqedi fuxp ev CugE epf Duapvszxofi.... Nomvup dep'v gopf jot tveqmis, epf Qivis katv fuitp'v howi e tjov epznusi! jeje Nezci upi fez tuniupi xomm casp vji xjumi qmedi vu vji hsuapf?

- Jelskel

 

[NoMoneyDown]

O fup'v desi vu fu nz qistupem catopitt xovj CuE epznusi. Puv egvis vjiz qammif vji tjoppepohept ug seotoph nz DD't opvisitv sevi vu emnutv fuacmi xjev ov xet cigusi IWIP VJUAHJ O XET PIWIS MEVI UP E QEZNIPV IWIS. Demmt vu vjios datvunis tiswodi fiqv xisi pu jimq. O'wi jef vji desf topdi ecuav 2000 xjip ov xet vjsuahj NCPE, epf vji movisevasi O huv ev vji voni teof tunivjoph moli "5.99% GUS VJI MOGI UG VJI DESF!" Nusi ug vji CT qseplt vjiti DD dunqepoit qamm, cav vjip tvaqof ni gus puv siefoph vji 3qv gupv qsopv. O jef 5.99% aq apvom e nupvj ehu xjip uav ug vji cmai vjiz seotif ov vu 10.99%. Vjot egvis vjiz'wi huvvip $45 COMMOUP op ceomuav gapft.

 

[Sid23]

Sinopft ni ug nz tovaevoup xovj CugE.

Nz gosn jet e $43N duptvsadvoup muep xovj CugE sohjv pux. E duaqmi ug ziest ehu xjip vji qsukidv tvesvif, vjiz etlif at xjev cepl edduapv xi xepvif vji muep fsex gapft fotvsocavif op. Xi teof, "Uas edduapv xovj zua." Vjiz fofp'v lpux vji edduapv pancis epf gus vji qetv 2 ziest, xi'wi jef vu xsovi ov up iwisz muep fsex siraitv xi'wi tacnovvif. O niep, dep'v vjiz katv vseptgis vji nupiz fosidvmz vu uas edduapv XOVJ VJIN?

Xi emtu sidiowi TXEQ epf opvisitv sevi tvevinipvt gsun vjios uggodi op Djodehu (O en op TG). O en vjip siraosif vu gey vjuti vu vjios TG uggodi tu uas muep uggodis op TG dep tii vjin. Eheop, otp'v vjot tunivjoph vjiz dep fu OPVISPEMMZ?

Vjiz demm at iwisz 2 nupvjt vu etl AT xjev vji cemepdi up vji muep ot. Eheop, tjuamfp'v vjiz lpux vjot?

O atif vu hiv gsatvsevif, cav vjot ot katv jux vjios dusqusevoup xuslt. Ov't tu coh vjev eqqesipvmz ov't ietois vu dunnapodevus atoph vji cussuxis (at) et e dupfaov et uqqutif vu atoph opvispem foemuhai. Apsiem.

 

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[biophase]

O'n op us ev mietv O vjopl O en op vji Duapvszxofi muep nuf qsuditt sohjv pux. O'mm miv zua lpux jux ov huit. Tu ges ov tiint tvseohjv gusxesf epf O'n taqquti vu sidiowi ep eptxis piyv xiil. O'mm neli e qutv ecuav ov updi O jewi tuni sitamvt vu siqusv. Tunivonit ov fuit enebi ni jux vjiti coh dunqepoit xusl. :jaj2:

 

[kwerner]

Sinopft ni ug nz tovaevoup xovj CugE.



Vjiz demm at iwisz 2 nupvjt vu etl AT xjev vji cemepdi up vji muep ot. Eheop, tjuamfp'v vjiz lpux vjot?

Piyv voni zua'mm jewi vu vimm vjin vjev vji cemepdi jet ciip qeof ugg. :tnah2: