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We can give Phil Gramm a lot of credit for the housing bust by the Gramm, Leach Bliley Act that repealed the 1933 Glass-Steagal Act. All of these bankers that came up with interest only, name your payment, adjustable and 100% financed loans are just as guilty along with the investors, relator's, appraiser's, and the b...more
I used to live in Phoenix and I am so glad we left 2007. This area has a major attitude problem, HOA's are out of control and the summer's are horrible. I received a couple of letter's from my HOA to replace my basketball net, unbelievable but true.
I have a BOA loan that I tried to refinance to a lower rate one year ago they delayed for months had 4 different people calling for more info and everyone wanted something different. I finally told them they could stick it, lost my $425. loan fee. I will never ever use BOA again and I tell everyone about this POS com...more
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