I feel generally the same way about BofA but am glad to hear this about mortgages.

Another interesting mortgage development (also vaguely reminiscent of the Depression):

http://www.huffingtonpost.c...

Well, we're in such financial straights that Mexicans aren't gonna come here anymore. (And of course, nothing bad about the state of America is George's fault.)

Guatemala is the new land of milk and honey!!!!

So is Costa Rica. A lot American Ex-pats are moving there.

Visiting Costa Rica this coming holiday season from the 21st of Dec through Jan 4th. Cant wait to get away and just relax, improving my Spanish and doing Yoga each day.

I despise Wachovia for the way they treated some of my soldiers while I was at Fort Hood and Fort Gordon. I'll never bank with them and I wish them nothing but financial ruin. They are predators on bases trying to get young Privates right out of high school to set up their Direct Deposit accounts with them. The downside is if those soldiers want to open up a new bank account they require you to keep your account open (with a minimum) for at least three months and... they charge a fee of 10 bucks a month! Even if you offer to pay three months worth of fees to close the account, they wont let you. This is one of the few reasons I'm convinced there is no such thing as an American company. They are loyal to the green and I don't mean Army green unless it's the dead presidents in your pocket.

I envy you, Sf.

Costa Rica where you can get ANY thing for under 100 dollars. SF have fun bro.

 undocumented persons

It's okay, you can say it...ILLEGAL ALIENS. And after the hell BofA put us through last year (see blog) I wouldn't ever do business with them again. It does not matter what they say they are doing to "help" the housing crisis and folks who are on the edge of foreclosure. BofA is not some charitable organization. They are in it for the money and NOTHING more.

SF, Just don't visit that new park there...Jurassic.

Ah, if only my loan were through Bank of America. 

Sadness has fallen upon me.

This just in: The Feds bail out AIG again.

They oughta take back the whole 85 billion after those bastards treated themselves to a vacation with 600 dollar rooms, spa services, and golf outings at taxpayers expense. One of my biggest irks is all the write offs these corksucking bastages get for 'entertaining".

moto - your assumption that 99% of undocumented persons (illegal aliens) are from Mexico/Central & South America is extremely biased - the number is more like 60%.  There are millions of Europeans, Asians and Africans who are undocumented illegals.  In fact, I was listening to NPR not too long ago and heard a South African (caucasian) man speak about how easy it has been for him to mesh into American society, even though he's technically an illegal alien. 

As far as Bank of America is concerned, I wonder what the statistics are for those illegals who have been given these credit cards.  I wouldn't be surprised if the reality is that more of the illegals make their monthly payments on time than the rest of America.  I don't agree with this decision by BofA, and I honestly didn't realize this was happening (I do bank with them), but I'm not going to stop banking with them just yet.  As usual, I like to wait and see what the verdict is before I come to a judgement.

Well, we're in such financial straights that Mexicans aren't gonna come here anymore

Actually, Mexico has already seen a sharp decrease in the amount of money coming into their country.  Their economy is suffering just as bad, if not worse than ours.

let's be honest, 99% of undocumented persons are Mexicans or Central Americans

Correction, about 75% of all undocumented immigrants are Mexican or Latin American.  If you go to San Francisco there are more undocumented Chinese immigrants than they're Mexicans....

It wasn't an assumption, it was just a number i tossed out there.Like the Direct TV commercial said..50% of statistics are made up on the spot half the time... OK..75%..The point is that the vast majority are from the south, and I don't mean South Africa. I would wager that the vast majority of Europeans and what not who come here illegally aren't people who would need a $500 credit card.

Ghost..please forgive my momentary lapse intp PC speak.

Anti..Love the Roman Maroni cusswords!

Everyone...

Q: How do you get a Florida State Graduate off your front porch?

A: Pay him for the pizza!

BOA and Wells Fargo and going to end up owning the banking industry.  We need to look at how they handled loans during the last 5 years and make those practices standard for all banks and savings and loan companies.