Bank of America Loans

Posted By: Dr. Frugal in Loans on 12/13/2007 at 06:41:26

Bank of America is getting toasted by the loan crunch--they just write down $3b of loans this quarter. This makes me a little bit nervous because my mortgage is through BoA. I fear that they're going to attempt to squeeze more money out of their actually-paying (me) clients to account for their quarterly taking-it-on-the-chin. As far as I know my rate is locked in but still, you can never trust those bankers.


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