Posted 1/29/2010 13:48 (#1047817 - in reply to #1047617) Subject: RE: To add to that
Jim,
Good post! But I would disagree on one point. It would not surprise me in the least if your local bank initiated the mortgage, knowing full well at the time, they could collect there fees, and sell that mortgage for a markup. I wouldn't be surprised if that mortgage had been sold many times before BOA ended up with it.
A Real Simple View
