Here you go again - banging that same drum. As if mortgage derivative fraud on the part of the bank means that some “buyer” of a house who can’t afford the mortgage payment anymore should just get the thing for free.
*shakes head*
I’m more concerned over the title to my house. Its through Countrywide, I now make payments to BOA.
If BOA has somehow screwed this up, and I don’t have clean title to my house if I try to sell it....well, lets just say I’ll be upset.
Anyway, I think the story is more than ‘banks were sloppy, so stop foreclosures’...it could affect the liquidity of alot of houses.