OMG, Bank of America to take over servicing of Taylor Beans 180,000 loan portfolio

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OMG, Bank of America to take over servicing of Taylor Beans 180,000 loan portfolio

I think anyone that has dealt with BofA on ANY type of loan servicing situation in 2009 (short sale, loan mod, answering the phone…) knows that BofA does not need any more loans to deal with.

Why would the servicing portfolio of a company that has been taken over by the feds be turned over to THE company that is probably the #1 cause of all complaints in the country right now???

I just don’t understand, can anyone help me understand this?

Here’s the link to the Orlando Business Journal Article

RESOURCES:

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