There are a ton of stories this morning about how Bank of America is preparing to be “outed” by Wikileaks. You can run your own search for it or click on this one for an overview. Now, since we don’t do politics here I’m not going to riff on Wikileaks, freedom of the press, BofA, capitalism, or any of the inflammatory stuff that I’m not sure any of us are up for this early in the year. I do, however, have a business thought about this situation and I’d like to share it with you. Continue reading
Tag Archives: Mortgage loan
Deceptive And Dumb
Ah, the wonders of snail mail. Seems to me that the only stuff that arrives in the non-electronic mailbox these days is magazines, bills, and junk. Oh sure, the occasional birthday or holiday card at the appropriate times of the year, but mostly it’s crap or bills.
That’s why it was pretty obvious that since the official looking “Refinance Notice” from the US Fannie Mae Relief Program wasn’t a bill, it was probably junk, at least to my eyes. The problem is that neither you or I, who wouldn’t be fooled by this, are there to explain it to the folks who won’t know any better. So let’s ask a business question. Continue reading
Filed under Reality checks, Thinking Aloud
Consult Keith 