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 …

I am a hopeful first-time homebuyer in Denver, CO. Having never done this before, I don’t know how much of a down payment I should plan to make (%). I know there are programs to do it with no down payment, but I think it would be better to make one. I have heard that mortgage insurance may be required if I don’t make a big enough down payment. Can I expect, 5%, 7.5%, 10%, other %? Thanks!

My building suffered damage with a hail storm. The insurance company sent me a check made out to the mortgage company and to me. Now the Mortgage company is holding the funds and I can’t finish the repairs needed. My mortgage payments are up to date.
The repairs are done, the Mortgage company inspected the repairs and they are holding the depreciation check. Would anyone know why?

Is this a standard requirement from mortgage lenders to insist on buildings insurance? I trust it is as in the event of a disaster they get refunded for their mortgage loan?

I don’t know how house payments are measured. Is a 30 year mortgage my only option? With taxes and insurance added, I would like to pay around 0 a month. What would that make my price range so I can start looking?

I have a check from my insurance company for hurricane damage. My mortgage company will not endorse the check until the work is done. I need the money to get the work done. How can I get the mortgage company to endorse the check ?