Monday, May 28, 2007

Competitors Take Pot Shots At B of A's New "No-Fee Plus" Home Loan

Syndicated columnist Kenneth Harney writes:
  • "Call it the "too good to be true" mortgage: Bank of America's new "no-fee plus" home loan program has competitors searching for sleight of hand tricks and gimmicks. But Bank of America says that its new program is for real, and comes with none of the usual grab bag list of origination, processing, title or closing costs."

For more, see A True "No Fee" Mortgage? (reported by Realty Times)

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