Old banks won't learn new tricks 
Stage set for paperless, but lenders still demanding 'wet signatures'
By Kris Berg, Wednesday, February 10, 2010.
This past week I had the honor of attending a 100th birthday party. It wasn't mine, although it might as well have been. I am feeling that world-weary.
The reality is that I will probably not enjoy my own induction into the centenarian club. Standing between me and mid-century is Bank of America, clutching desperately to my pant leg as I attempt to continue my forward march.
In all fairness, my beef isn't only with Bank of America; it is with all lending institutions -- all "institutions," really -- that refuse to acknowledge and embrace change.
more...
Premium Member account.
Premium Members have full access to all news archives & premium content.
Purchase Premium+ Membership for $99/year OR
Premium Membership for $49/year
All rights reserved. This article may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this article without permission is a violation of federal copyright law.
