Friday, March 4, 2016

CHASE=FRAUD

On my Beware of Fraudulent 1099 post. I received from CHASE yesterday a revised 1099-C showing zero.

Round 2?

Bank of America unveiled a new affordable mortgage program that offers consumers the option of putting as little as 3% down and requires no mortgage insurance. The program does not involve the Federal Housing Administration, whose program has recently undergone a lot of scrutiny from big banks. 
Bank of America announced a partnership on Monday with Self-Help Ventures Fund and Freddie Mac for its new "Affordable Loan Solution" mortgage, a conforming loan that provides low- and moderate-income homebuyers access to a responsible lending product with counseling at affordable entry prices.

Guidelines loosen up again.....read more:  http://www.housingwire.com/articles/36343-bank-of-america-now-offers-3-down-mortgages-without-mortgage-insurance?utm_source=dlvr.it&utm_medium=facebook&utm_campaign=housingwire