BoA dragged feet for months until the buyer walked away.Mortgage has not been paid in over 2 years.

I have purchased shorts thru BOA cash without a problem.

With the news that BoA is selling fewer mortgages to Fannie and Freddie, maybe Obama is trying to slowly get them out of the mortgage business to cater to the moderates.Also, wont' this hurt home values by adding rentals to neighborhoods that may otherwise be mostly owner-occupied.

Good luck trying to find out anything from BOA.

Duplex BoA foreclosure- C class street surrounded by newer B class single familys.

I've done it multiple times with BoA.

Most of the big banks like HSBC, BOA, Wells, Citi, etc have trading desks on their capital markets side of the business.

I am about to close on a BoA foreclosure that has a longterm (2003) tenant still living there under a 30 day renewal.

Is it the dastardly BOA?

I guess if a homeowner stops paying his mortgage and can live rent free then that only leaves the regular inventory to be consumed by "lots of buyers" at retail prices.Additionally, I read where BOA , Wells Fargo are doing Deeds For Lease ( Rent Back to Homeowner programs ) for now.This means that the Homeowner turns over the deed to pay a fair market rent for a year or two.