Wachovia’s New Pay Option ARM Plan - ‘The Spend’

``One thing is for sure, The Spend is worlds better that the recent BofA/Countrywide settlement scam, which sold hundreds of thousands of borrowers down the river at a ridiculously low price. Remember gang, once you do something with respect to a mortgage modification or refinance, you lose your rights to come after the lenders for predatory lending violations.''