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Capital One looking to aquire BOA?
Posted on 11/10/11 at 11:25 am
Posted on 11/10/11 at 11:25 am
Already aquired all of BOAs mortgages, are they looking to aquire the rest of their holdings as well?
Posted on 11/10/11 at 11:47 am to kfizzle85
capital one has purchased all of bank of Americas mortgages....the last time they did that, they restructured those and acquired everything else as well.
Posted on 11/10/11 at 11:54 am to kfizzle85
i seriously doubt this will happen in the any distant future.
Posted on 11/10/11 at 11:59 am to kfizzle85
I looked, couldn't tnd one yet, heard it from a reliable source yesterday.
Posted on 11/10/11 at 11:59 am to tigermannola83
Ignoring any other myriad of things, its not even remotely financially possible. I feel like I'm getting trolled here.
Posted on 11/10/11 at 12:09 pm to southernelite
quote:
Already aquired all of BOAs mortgages, are they looking to aquire the rest of their holdings as well?
I don't see this happening brah?
Posted on 11/10/11 at 12:27 pm to Interception
I nearly shat myself when I read this.
That's like a gerbil trying to mount an elephant.
Also, I don't think COF bought out their mortgages either.
I think you are confusing BOA and ING.
That's like a gerbil trying to mount an elephant.
Also, I don't think COF bought out their mortgages either.
I think you are confusing BOA and ING.
Posted on 11/10/11 at 12:39 pm to TheHiddenFlask
Seriously I think we're getting trolled.
Posted on 11/10/11 at 12:46 pm to TheHiddenFlask
quote:
I think you are confusing BOA and ING.
Must be. I work closely with them daily and have known about ING for a while. No way in hell they could aquire BOA.
Posted on 11/10/11 at 12:58 pm to TheHiddenFlask
The mortgages deal is done.
I didn't really think much of the rest of what was said, that was pretty just going by what I heard.
I didn't really think much of the rest of what was said, that was pretty just going by what I heard.
Posted on 11/10/11 at 1:08 pm to HeadyMurphey
The ING deal was announced like 6 months ago.
Which mortgages?
eta:
quote:
The mortgages deal is done.
Which mortgages?
eta:
This post was edited on 11/10/11 at 1:19 pm
Posted on 11/10/11 at 1:10 pm to kfizzle85
quote:
The ING deal was announced like 6 months ago.
Exactly. I knew about it a couple of weeks before that
Posted on 11/10/11 at 1:18 pm to HeadyMurphey
Yeah that stuff usually isn't kept secret very well at all. There were rumors about it for several months before that given COF's expansionary stance and ING's continued dismantlement, it seemed that they were just waiting for conditions to improve before announcing it in hopes of gaining the necessary regulatory approval (which didn't really work given that its still dragging along).
Posted on 11/10/11 at 1:51 pm to southernelite
They did not buy all of BOA mortgages...just and FYI
Posted on 11/10/11 at 1:59 pm to Culley24
I hope the insanity of suggesting that COF buy or bought either 1) all of "the mortgages" of BOA or 2) buying BOA itself is not lost on any one else. Where are JT, Russian, and tirebiter?
Posted on 11/10/11 at 2:19 pm to southernelite
Is the thread title extremely misleading and outrageous to anyone else that read it?
Posted on 11/10/11 at 5:37 pm to GregYoureMyBoyBlue
Still popcorning over here. Can't wait to hear about the largest financial transaction in modern history, huge MB scoop.
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