I wonder how many others are getting similar letters. While I am not “under water” or “upside down” in my house the bank that bought Community National Bank of Sarasota county (Stearns Bank N.A.) has chosen to “suspend” my line of credit. I have never been late on a payment (even through a year & a half of unemployment) & the assessed value of my home is greater than what is due on my mortgage & equity line. Needless to say I will be finding a new place the do my banking next week.
And for the record I did …
