Financial of The united states Lied in order to Homeowners and Rewarded Foreclosures, Previous Team Say

Former Financial out of The usa professionals gave bound statements that the lender lied to residents, refuted mortgage modifications having bogus grounds and you can rewarded personnel to have delivering home owners so you’re able to property foreclosure.

Series: Foreclosure Drama

Bank of The united states employees daily lied to property owners seeking mortgage modifications, declined their software getting produced-upwards causes, and you may was basically rewarded having sending homeowners in order to foreclosures, predicated on bound statements from the previous bank professionals.

The staff comments was basically recorded late last week for the government judge inside Boston as an element of a multi-county class step match created part away from home owners exactly who wanted to stop foreclosures from the government’s Home Affordable Amendment Program (HAMP) however, state they had the times botched because of the Bank out of America. Continue reading “Financial of The united states Lied in order to Homeowners and Rewarded Foreclosures, Previous Team Say” »

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