Speaking of sheep, the BoA Shareholders re-elected the

At lunch I went to the county registrar of deeds to do some sleuthing.Lender is First Franklin, a division fo National City Bank out of San Jose, CA(Wikipedia indicates First Franklin was bought by National City Corp & Merrill Lynch, which was in turn bought by BOA & PNC Financial Services)Also listed was MERS (Mortgage Electronic Registry System), P.O.

Wells Fargo/BOA) vs. both - when you're starting to build scores & planning your investment strategy?

Well, all the facts were not presented in the story, however, it would not surprise me if BoA is in violation of laws and guilty of criminal damage.

We are supposed to close on purchasing a BOA short sale this Friday, and the title search just revealed that the sellers has a HELOC also with BOA that they paid off one year ago.

The seller is BOA (not short-sale), we are paying cash for the property and in this situation right now.

Fannie and Freddie generally impose a "no resale within 90 days for more than 20% above purchase price" restriction and BoA has a similar restriction for 60 days.

BoA is Bank of America.

@Stephanie L.I suspect that BOA is using the same Fannie Mae guidelines that I posted previously.  

I would agree with on the sub prime mortgage lenders like Ocwen et al... and some of the majors.But local community banks like the one I use here in Oregon are the life blood to the community and are FANTASTIC if you don't bank with a community bank your missing the boat.. sometimes you need a BOA account or WELLS but I would never bank with them other than by necessity.Now for many getting started in the RE bizz like we see here on the BP site bank financing is a long way off vis a vi a commercial line...