THE LAW STATES: § 3-603. TENDER OF PAYMENT. • (b) If tender of payment of an obligation to pay an instrument is made to a person entitled to enforce the instrument and the tender is refused, there is discharge, to the extent of the amount of the tender, of the obligation of an indorser or accommodation party having a right of recourse with respect to the obligation to which the tender relates. Basically, the bank just gave him his house! cont.. WTF??? Part 2 3 4 below… COPS get called even OMG!!!! Origin: rpsomerton on Feb 3, 2012 And rest of his VIDS: 2- www.youtube.com 3- www.youtube.com 4- www.youtube.com Thanks to: larrabeeg on Feb 4, 2012 For bringing this to our attention! SOURCE: rpsomerton on Feb 3, 2012 Feb 3 2012 Bank of America Lakeport, Ca. I attempted to make a cash payment on our mortgage, the manager refused to take the cash saying it was against bank policy. I was shocked, had no idea this would happen, since when does a bank not accept cash… Right! When I protested, the manager called the Lakeport poilce dept. After being detained for about 1/2 hour and nearly arrested for shooting video inside the bank the cops decided to let me go. The BofA manager made a complaint against me and had the cops inform me that I am “no longer welcome inside the Lakeport branch of Bank of America.” Also that if I “ever attempted to enter the branch again I WILL be arrested!” So apparently Bank of America DOES NOT accept American cash dollars as a form of payment on …
Joe Sheehan, aka Joe Closeit, and Travis Lang tell of a client’s hassle shopping for home loan rates on the internet. Joe and Travis tell you how to use the internet for home loan information and explain all the factors that determine a rate on a home loan.
ALAMEDA CA; August 5th at night, Standard & Poor’s rating agency lowered the long-term rating of the US government and federal agencies from AAA to AA+, for the first time in US history. Standard & Poor’s (S&P) is a United States–based financial-services company. It is a division of the McGraw-Hill Companies that publish financial research and analysis on stocks and bonds. S&P stated the primary reasons for their downgrading the credit of the US sovereign debt were twofold: Rising Debt Burden and Negative Outlook. S&P States •The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government’s medium-term debt dynamics. Now this is just another point to prove that while it may seem like we are living in this world of technology but we are closer to the great depression than you might think we just have internet, cell phones, and deodorant. What does this mean to Real estate? A number of Wall Street analysts are now predicting that interest rates across the board in the US are assumed to rise in the coming months. For future home buyers, fixed rate mortgages are now expected to go higher as well, thus making it even harder for millions of consumers to qualify for a new mortgage, Some industry experts predict little impact… Billionaire Warren Buffett said “Standard & Poor’s erred when it lowered the US credit rating and reiterated …
1st Mariner Mortgage loan specialist Denise DeCarolis explains the facts of identify theft including tips on how to prevent identity theft and what to do if you suspect you are a victim.
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