Thursday, October 2, 2014

Fairy House for Sale. No Financing. by THE NEW YORK TIMES



By THE NEW YORK TIMES


“I’m interested in buying a fairy house,” I told the first branch of the phone tree at Bank of America Home Loans. In August, the company agreed to pay a $16.65 billion penalty for its role in selling bonds based on make-believe mortgages. I felt that I had gone to the right place. Read more (and watch the slide show).


Published: October 2, 2014 at 4:00AM


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