recession mortgage meltdown

Bank Of America To Charge Fee To Some For Making Mortgage Payment Within Grace Period

Bank Of America To Charge Fee To Some For Making Mortgage Payment Within Grace Period

Bank of America is making an 11th-hour push for inclusion in the upcoming Worst Company In America tournament. Starting in February, folks with BofA mortgages who don’t have BofA bank accounts will see their current 15-day grace period for making payments cut by 40%. [More]

Guy Recreates Steve Carell Bit To Save House From Foreclosure, Fails

Guy Recreates Steve Carell Bit To Save House From Foreclosure, Fails

All he wanted was to delay things just a little bit more so that his dad would have some more time to try to work out a deal between the lender to get that holiest of holies, a loan modification. So, in a desperate attempt to save his dad’s house, a guy shows up at the foreclosure auction and tries out two classic comedy bits. [More]