HATE BOA
I filed for the Making Homes Affordable plan under my Bank Of America home loan and was approved through underwriting but when it came down to it all, I was denied…..why? Because my ‘investor’ didn’t think it was a good investment for him to rewrite my loan……hmmmm why is that? Oh, yes, because he loses money, Bank of America loses money because of my high interest rate, and yes, I lose money!! What a crock that Making Homes Affordable plan is when they get to decide if they want to approve the plan in the end. Either you qualify or you don’t, not that the investor gets to decide ultimately if they want to accept the application.
Why did we give them our tax dollars to keep them afloat while they don’t keep us afloat?
