Whew!  What a relief, just when I thought the banks didn’t get it......NEW YORK (Reuters) - Bank of America Corp said on Tuesday it plans to stop offering some riskier mortgage loans after it finishes buying Countrywide Financial Corp the largest U.S. mortgage lender.



The second-largest U.S. bank said the combined businesses will not offer "option" adjustable-rate mortgages, which let borrowers pay less than the interest due.  It also plans to "significantly curtail" other non-traditional mortgages, including some loans that don't require borrowers to fully document income or assets.
 
I am so glad to know they have this lending crisis under control… I was beginning to worry