Anyone in the real estate business recognizes "B of A" or "BOA" for Bank of America. I'm starting to think of them as "Bank of Anxiety" because all they seem to be involved in lately is giving short sale participants heartburn!
As a second mortgage holder on a short sale, they should feel lucky to get anything at closing. Instead, they are currently holding up a sale for the buyer to pay closing costs, because they feel they aren't making enough money. Hell, they don't deserve to make anything just because they chose to make a stupid loan in the first place!
We are now in the fourth month of what should have been a two month process, and they haven't said no, but they won't say yes either.
I'm seriously thinking about starting a page called "I HATE B OF A".
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