Comments on: What to do if my bank is on a problem list? http://www.secretfinance.com/blog/what-to-do-if-my-bank-is-on-a-problem-list/ Mon, 21 May 2012 15:50:56 +0000 http://wordpress.org/?v=2.7 hourly 1 By: marla http://www.secretfinance.com/blog/what-to-do-if-my-bank-is-on-a-problem-list/comment-page-1/#comment-2721 marla Thu, 22 Jul 2010 01:55:30 +0000 http://www.secretfinance.com/blog/what-to-do-if-my-bank-is-on-a-problem-list/#comment-2721 My opinion, never borrow from the same place you store. If you get behind sometimes they have the right to freeze your account until you pay. Not always, but it can be in the fine print of the personal guarantee (the Note) So yes I would move my checking account but not worry about the mortgage, just keep paying so you don't get foreclosed on. If the bank goes under some other bank will probably buy your mortgage.<a href="http://www.resumeminers.com/Letter-of-Recommendation.htm"> marla</a> My opinion, never borrow from the same place you store. If you get behind sometimes they have the right to freeze your account until you pay. Not always, but it can be in the fine print of the personal guarantee (the Note)

So yes I would move my checking account but not worry about the mortgage, just keep paying so you don’t get foreclosed on. If the bank goes under some other bank will probably buy your mortgage. marla

]]> By: Ryan M http://www.secretfinance.com/blog/what-to-do-if-my-bank-is-on-a-problem-list/comment-page-1/#comment-2720 Ryan M Mon, 19 Jul 2010 00:20:26 +0000 http://www.secretfinance.com/blog/what-to-do-if-my-bank-is-on-a-problem-list/#comment-2720 1) unless you have more than $250,000 with this bank (highly doubtful) your money is insured by the FDIC. 2) Your mortgage would be sold off to a new lender. 3) If my bank was on the list, I would be opening up a new account.<a href="http://www.namingmybaby.com/popular-baby-name.htm"> Ryan M</a> 1) unless you have more than $250,000 with this bank (highly doubtful) your money is insured by the FDIC.
2) Your mortgage would be sold off to a new lender.
3) If my bank was on the list, I would be opening up a new account. Ryan M

]]> By: Gaytheist Buddha http://www.secretfinance.com/blog/what-to-do-if-my-bank-is-on-a-problem-list/comment-page-1/#comment-2719 Gaytheist Buddha Sun, 18 Jul 2010 23:57:32 +0000 http://www.secretfinance.com/blog/what-to-do-if-my-bank-is-on-a-problem-list/#comment-2719 DON'T PANIC Your money is safe if you don't exceed FDIC limits (something like $250,000). If the FDIC or OTC closes your bank on Friday, it will reopen on Monday. Your account numbers, passwords, credit cards, ATM and debit cards, and checks will still work.<a href="http://www.myislandholiday.com/rhode-island-vacation-rental.htm"> Gaytheist Buddha</a> DON’T PANIC

Your money is safe if you don’t exceed FDIC limits (something like $250,000).

If the FDIC or OTC closes your bank on Friday, it will reopen on Monday. Your account numbers, passwords, credit cards, ATM and debit cards, and checks will still work. Gaytheist Buddha

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