It isn't very often that a bank as bad as Bank of America really makes you happy, but they really made my day today. I got home and found something in the mail from them. I assumed it was another credit offer, or maybe even a "sorry for threatening to charge you $5 per month to use your debit card" letter. Instead, I found a "we sold your mortgage" letter. Yes, as of December 1, I will be 100% free from Bank of America.

I had been really upset that I was moving all of my banking accounts and credit cards to my local credit union, but I had no power to move my mortgage. My home is so far underwater, nobody would consider refinancing it, and it's impossible to sell. The only way I was going to get away from Bank of America was to pay off that mortgage, default, or pray that they sell it to someone else. Well, luckily, they sold it. I hope M&T Bank is good because they will be my mortgage provider after December 1. I have had no dealings with them and don't remember seeing outrage against them, so I am hopeful that they won't be too bad.

To Bank of America, this makes it even easier for me to close my accounts completely on November 5th. Now, I can add the fact that you literally did not want my business and sold me off to someone else to the list of the reasons why I am closing my accounts.

This makes me also think that Bank of America is in a very bad situation. They likely sold my mortgage for much less than it was worth. The mortgage is on a house in Florida and the house is very underwater. Nobody would have bought the mortgage unless they got a great deal on it. I say, let them fail.

I couldn't be more thrilled. Bank of America can kiss my ass.

Breaking News:

Bank of America just announced they are going to further dilute their shares with a stock offering of $2.8 BILLION dollars. You can't tell me this bank isn't in trouble.