Bank's Bullshit - Ever heard of a "BPAG"

:o).  Ummm, not so sure the language should be shared with everybody but I LOVE your title!

Steward

You must have missed it the BPAG is in the same bag as the TARP money being use for mortgages. You have it right.

Good luck and success.

Lou Ludwig

I love the title.

Bullshit is bullshit.

Let's not try to paint it a pretty color.   Bank excuses are not pretty.

Where were all these protective groups when they would loan to anyone who could fog a mirror?

Never heard of this either -- but the banks come up with something new every week it seems.

That's a part of the "Secret Banker's Code".  Translation is: "We just need more time, because we don't pay enough money or hire enough people to process loans in the time frame we promised".

P.S. I love that "No BS" logo/symbol!!  Perhaps I should print something like that on my business card.  ; )

Aloha Stewart,

Never heard of that particular BS before but banks have one thing on their mind profit. Who owns the Bank or lender? usually it's actual owners are either German, French, or British and we are mere consumer cows to be screwed. That not to say the American banks don't screw American consumers but the money usually flows abroad.

Peace,

Stewart - that's news to me as well. I'm suspicious but perhaps it is legit, however it sounds like another excuse for a delay. Seems to be there are other watchdogs that ought to be operating. While I like your suggestion in your comment I can't imagine it will ever get to fruition.

Jeff

I think Doug hit the nail on the head with his assessment.

;)-

Gosh, this must just be a missunderstanding, we should trust Wells Fargo, it say so in their TV ads.  They don't advertise products or tell us about their great service (that would really be funny) just about how they sponser planting trees and cleaning up the beaches; a full public relations press.  But of course... who needs it more?  Well Ok, maybe Bank of America.

I think that BPAG means "Bank's Promise Another Glitch" to keep us waiting with absolutely no other reason except....because they can.

Or is that "Banks Posing as God"......