Tuesday, June 12, 2012

Failing failing.... & now bailing

Received official paperwork in the mail about my Mortgage lender GMAC going bankrupt.
They want to divide their lending wing into 2 parts, keep the profitable & default on the bad mortgages.
Who thinks the powers that be will let them wash their hands of it?

1 comment:

D.K. Raed said...

what a wonderful business plan and guide for the romnification of our economy!