Good Morning...Here is today's market update from the Think Big Work Small Guys. Today's discussion is on Maternity Discrimination in Lending. HUD has fined Cornerstone $750,000 for using pregnancy as a determining factor in Loan approvals; HUD is looking at other Lenders.
And, did you hear about the couple in Collier County, Florida who purchase a home and Bank of America foreclosed on it in error. After BOA refused to reimburse the couple fees accrued, the couple went to court and Foreclosed on BOA. The Sheriff and Attorney accompanied a van to the bank and seized its computers and other assets; BOA issued a check on the spot. It's nice having the tables turned for a change.
Disclaimer: If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family's sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.
Have a Great Day
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