Foreclosure Defense Florida

Bank of America- The Ticking Time Bomb

BofA-Settlement-263x300The investors in mortgage securities recently announced an $8.5 billion dollar settlement….that’s just a drop in the bucket, just a tiny fraction of the real liability that exists.   Of far more importance is how this will impact homeowners all across the country.   But frankly even more important than that is the overall health of that whole lurking operation that is Bank of America….

Bank of America has a ticking time bomb in its books and it needs to show investors that it is moving,” said Ira Rheingold, an attorney and executive director of the National Association of Consumer Advocates.

Bank of America




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