The Motley Fool Discussion Boards
Personal Finances / Living Below Your Means
|Subject: Re: Paid off mortgage tales||Date: 10/3/2012 12:37 PM|
|Author: Windowseat||Number: 867709 of 889306|
Some mortgage companies are obnoxious and/or just incompetent.
For years and years, whenever two banks in Massachusetts wanted to merge they were given the go-ahead because bigger is always better and look at how great it is that these huge gigantic banks can offer all these wonderful bank services.
Then, as the last local banks were being hunted down and shot by the giant banks, all at once someone noticed that consumers had fewer choices in shopping for bank services. They could no longer sit down with a loan officer who could use his own judgment in regard to their creditworthiness, because the loan officers had to conform to instructions from headquarters.
Gee, maybe allowing all those takeovers wasn't as good an idea as they thought.
I have opened two checking accounts in the past 18 years. But I've had six banks.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|