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#15
Old 10-08-2010, 10:07 PM
smartxtai smartxtai is offline
L1: Learner
  • Sep 2005
  • 17
  • 15 smartxtai is finding his bearings
  • 0
I heard that other banks pull money out of your bank account (if you bank with them) if you stop paying your mortgage so be aware. This may be one way for BoFA to minimize their losses by having you open an account with them so that they could withdraw automatically from your account if you're behind on your payments.