Conversation
Notices
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number of dept transfers to make a wire transfer with bank of america - 5 and counting
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@mairin well there's your problem, "bank of america". I feel your pain, they bought my mortgage :(
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Yeah, I can't believe that buying and selling loans is legal. My GF has her college loans traded occasionally. :(
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@windigo not only legal, but a fairly essential part of how our economy works
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@lnxwalt they can
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@lnxwalt @nathan @windigo they can’t change the terms (they can try of course), the note and deed are legally binding…
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@parlementum Yep. That’s the problem, not the buying and selling itself.
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They can't, unless you specifically granted them that power in your agreement with them.
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@pete Haven’t you read a contract in the past decade? You did grant them just such power.
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@pete Rereading my response, I must apologize. It sounded rude, and I did not mean it that way.
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Yeah, I suppose that's one of my major objections to the whole practice.
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I would disagree with two words in that sentence; "essential" and "works". ;)
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I have read such things. I did not sign them. Did you? If so, then you've well and truly fucked yourself and nobody did it to you.
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No offense taken. Nor intended on my part.
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@windigo or at least, those shouldn't be true. my student loans have been sold once, and our mortgage twice.
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Red, white and blue is gonna kill you. @LA_downset818 - My American Prayer http://ur1.ca/8z6eb | !listening #music #downset
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