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Whats the Buzz on B of A ?

By
Real Estate Agent with RE/MAX Properties Ltd

I'm hearing through the Grape Vine that B of A is backing out of the Residential Mtg Industry?

Does any one have any truth to this rumor?

John

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Diana Mehnert
Coldwell Banker Harris McHaney & Faucette - Bella Vista, AR

Humm.... no I have not heard anything.

Mar 29, 2011 01:57 PM
Bryan Cerny
Rose & Womble Realty - Chesapeake, VA

I actually heard the opposite...but only through the grapevine.  The word I heard was that they are committed to re-establish dominance in the mortgage industry(that they had hoped to get in their il-fated purchase of you know who).

Mar 29, 2011 01:59 PM
Randy Ostrander
Lake and Lodge Realty LLC - Big Rapids, MI
Real Estate Broker, Serving Big Rapids and West Central MI

One thing about the big dogs is the rumors are never in short supply. Have heard it both ways but nothing substantiated.

Mar 29, 2011 02:28 PM
Sheri Curci
RE/MAX Properties Ltd - Langhorne, PA
Here to be your 24/7 realtor!

Yea ....That's the majority of the feedback I'm getting. Watch those big 4... I hope they expand their processing dept.

Lately I have going to local lenders and getting less restrictions, cleaner + faster turnaround for my Buyers

Mar 30, 2011 12:26 PM