underwater
Apocryphally, Black Friday is the day when retailers finally turn a profit on the year (not the color of your mother’s bruises getting you a Cabbage Patch doll). Yes, the month between Thanksgiving and Christmas is the only profitable month and it’s so profitable it makes up for the losses of the remainder of the…
Read MoreThousands of homeowners underwater on their Bank of America mortgages could receive one of the 200,000 letters the bank is sending out offering partial loan forgiveness. According to Bankrate.com, BofA borrowers have to clear a pretty significant series of hurdles in order to qualify for the “principal reduction program”
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