2010-01-22market-ticker.org

``Sheila Bair, one of the chief regulators overseeing Bank of America’s federal rescue, took out two mortgages worth more than $1 million from the banking giant last summer during ongoing negotiations about the bank’s bailout and its repayment.''



Comments:

mortgagemess at 07:54 2010-01-23 said:
Deals after deals..please where were the cries when the deal was offered to OneWest Bank, formerly Indymac Bank for the 80% of TAXPAYER money for any foreclosures/losses the new owners got on mortgage portfolio...then the HAMP cash for keys/short sales where lenders are matched dollar for dollar on what they offer to borrower by again taxpayer money(pretty much ends the need for the measely 3 grand on the modifications)....welcome to the new Washington..where deals are no longer hidden but thrown into the Americain public face..and there is nothing we can do about it! Permalink

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