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Originally posted by SpencerGR
So, as my mortgage is with BoA, how should I expect such a collapse to affect me? I mean, what happens with a mortgage held with a bank that goes under? Do I just get bought up by another lender?
Originally posted by N3k9Ni
I'm beginning to think economic collapse is an irresistible force.
Bank of America(BAC) received its second downgrade on Friday, with Standard & Poor's equity analyst Eric Oja cutting his recommendation to hold from strong buy.