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Bank of America bailing out 200,000+ underwater homes

By StoutFiles   Follow   Tue, 8 May 2012, 8:48am   700 views   8 comments
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http://finance.yahoo.com/news/bank-america-starts-mortgage-reduction-100202589.html

Pay your mortgage, no handouts. Stop paying and get a huge principal reduction. Getting tired of all these bailouts...

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1. PockyClipsNow Follow Befriend 19 threads 1,534 comments Los Angeles, CA

   1   11:23am Tue 8 May 2012   Share   Quote   Permalink   Like (1)   Dislike   Obama really is paying peoples mortgage! (just not yours!)

2. Call it Crazy Follow Befriend 228 threads 2,748 comments

   2   7:03pm Tue 8 May 2012   Share   Quote   Permalink   Like   Dislike (1)   Cue the Peggy Joseph video.....PockyClipsNow says Obama really is paying peoples mortgage! (just not yours!)

3. dunnross Follow Befriend 28 threads 1,489 comments San Jose, CA Premium

   3   9:02pm Tue 8 May 2012   Share   Quote   Permalink   Like   Dislike   Protected   Sounds like BofA is going to need another Tax Payer bailout. I can see another 50% of their mortgage holders defaulting, just because of this program.

4. bmwman91 Follow Befriend (7) 37 threads 1,523 comments Mountain View, CA bmwman91's website Premium

   4   9:04pm Tue 8 May 2012   Share   Quote   Permalink   Like   Dislike   Protected   So...what's the catch for people that are getting this break? There HAS to be one.

5. APOCALYPSEFUCK is Shostakovich Follow Befriend (28) 169 threads 4,153 comments Premium

   5   4:09am Wed 9 May 2012   Share   Quote   Permalink   Like   Dislike   Protected   This will be another roaring success - just like BofA's glowing record with the HAMP program. I believe every press release from BofA.

6. StoutFiles Follow Befriend (1) 24 threads 557 comments

   6   5:33am Wed 9 May 2012   Share   Quote   Permalink   Like   Dislike   dunnross says Sounds like BofA is going to need another Tax Payer bailout. I can see another 50% of their mortgage holders defaulting, just because of this program. The cutoff was January, so there can't be anymore newcomers to this. Of course, they could have a whole new bailout plan for everyone else coming up.

7. FortWayne Follow Befriend (13) 102 threads 3,759 comments

   7   7:36am Wed 9 May 2012   Share   Quote   Permalink   Like   Dislike   FYI this settlement does not include CA, hence 49 out of 50 states.

8. Call it Crazy Follow Befriend 228 threads 2,748 comments

   8   10:42am Wed 9 May 2012   Share   Quote   Permalink   Like (1)   Dislike (1)   bmwman91 says So...what's the catch for people that are getting this break? There HAS to be one. Absolutely there is a catch... you have to vote for Obama!!