Comments on: Bank of America Neuters Countrywide? http://blownmortgage.com/2008/04/22/bank-of-america-neuters-countrywide/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Mon, 09 Nov 2009 22:42:54 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: morganb http://blownmortgage.com/2008/04/22/bank-of-america-neuters-countrywide/comment-page-1/#comment-12960 morganb Thu, 24 Apr 2008 04:13:03 +0000 http://blownmortgage.com/?p=1006#comment-12960 i think "if it still exists" is the operative phrase! i think “if it still exists” is the operative phrase!

]]> By: dad394 http://blownmortgage.com/2008/04/22/bank-of-america-neuters-countrywide/comment-page-1/#comment-12959 dad394 Wed, 23 Apr 2008 22:09:13 +0000 http://blownmortgage.com/?p=1006#comment-12959 6 months from now, the option ARM (if it still exists) may look like an attractive loan. The 12 Month Treasury Average index is heading down, and will continue to go down. The one year Treasury is currently at around 1.7%, and as long as that rate stays low, the option ARM based on that index will look pretty good! 6 months from now, the option ARM (if it still exists) may look like an attractive loan. The 12 Month Treasury Average index is heading down, and will continue to go down. The one year Treasury is currently at around 1.7%, and as long as that rate stays low, the option ARM based on that index will look pretty good!

]]> By: morganb http://blownmortgage.com/2008/04/22/bank-of-america-neuters-countrywide/comment-page-1/#comment-12958 morganb Wed, 23 Apr 2008 13:46:03 +0000 http://blownmortgage.com/?p=1006#comment-12958 ann - so true. these people that financed with loose guidelines are going<br>to lose their homes - i don't care what their FICO score is. ann – so true. these people that financed with loose guidelines are going
to lose their homes – i don't care what their FICO score is.

]]> By: ann http://blownmortgage.com/2008/04/22/bank-of-america-neuters-countrywide/comment-page-1/#comment-12957 ann Wed, 23 Apr 2008 13:44:04 +0000 http://blownmortgage.com/?p=1006#comment-12957 Imagine all those borrowers who are sitting with MTA loans that they are going to need to refi...!!!(will need proof of income, jumbo rates and who knows what products will be available?)<br><br>I expect to see alot of luxury McMansions going up for sale and into foreclosure...most of those homes were purchased using this product... Imagine all those borrowers who are sitting with MTA loans that they are going to need to refi…!!!(will need proof of income, jumbo rates and who knows what products will be available?)

I expect to see alot of luxury McMansions going up for sale and into foreclosure…most of those homes were purchased using this product…

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