December 6, 2013 in Cox Cable Scam
This week I got taken by the biggest “bait and switch” scheme I have ever witnessed by a supposedly “legit” company. Sadly I am usually savvier than this, but Cox cable really pulled off an incredible bait and switch. Read the rest of this entry →
November 21, 2013 in Bank of America, Troop Abuse
Bank of America Abusing Troops!
We just received this very disturbuing letter about Bank of America abusing active duty troops and trying to steal their home by purposely sabotaging their short sale. Read the rest of this entry →
October 9, 2013 in Bankruptcy Attorney, Bankruptcy Lawyer, Steve Triebernig, Stop a foreclosure
A San Diego Bankruptcy Attorney came to the aid of a senior citizen to stop a foreclosure. The foreclosure delay allowed homeowner’s rights advocate Steve Triebernig to successfully get the home loan modified for a woman named Bonnie H. Bonnie had been dealing with the mega bank Chase in court for over one year. Read the rest of this entry →
July 12, 2013 in Bank of America, Bank of America Loan Mod, bank of america loan modification complaints, Bank of America Loan Modifications, Banking Bad, loan modification petition
It appears that Bank of America has engaged in one of their worst loan modifications to date as the “BOA” tries to squeeze the life out of homeowner Adrianne Powell. In this episode of Banking Bad the viewer meets Adrianne, who is the kind of person to help someone in need. Read the rest of this entry →
June 26, 2013 in Bank of America, Bank of America Loan Mod, bank of america loan modification complaints, Bank of America Loan Modifications, Banking Bad
Bank of America Missing Loan Modification Documents
This should be simple… Woman abused for years by Bank of America. Since 2009 BOA has been saying they don’t have her loan documents, telling her things such as “pay your mortgage late” to get a HAMP refinance, claims the woman, Adriane P. (See photos where she sent us proof she has been applying over and over since 2009.) This #BankingBad tactic ultimately triggered a critical mass of late fees, penalties, etc. All of this horrific behavior leads to Bank of America foreclosing and trying to kick the woman out of her home. (We all know this story right, but it gets better… Read the rest of this entry →
June 23, 2013 in Bank of America Loan Mod, bank of america loan modification complaints, Bank of America Loan Modifications, Banking Bad
Bank of America Loan Modification Scam
“Bank of America also gave employees gift cards to retail stores like Target or Bed Bath & Beyond as rewards for placing accounts into foreclosure,” declared former Bank of America employee Simone Gordon, under penalty of perjury, in recently filed court documents. $500 bonuses to employees who could foreclose on 10 customers in one month as opposed to bonuses to help families stay in their homes: does this sound like a way to treat customers to you? Well, if the sworn testimony from a federal case filed in Massachusetts by six former bank employees is true, then this is one of the ways Bank of America incentivized a diabolical plot to steal millions of homes from families across America while reaping vast profits through their alleged lies and devastating trail of destruction.
BANK-OF-AMERICA-LOAN-MODIFICATION-LAWSUIT Read the rest of this entry →
April 15, 2013 in Bankruptcy Attorney, Chapter 13, Chapter 7 Bankruptcy
Can Bankruptcy Stop Foreclosure? Here at Banking Bad we get quite a few messages about ways people work to save their property. We do not give out legal advice, but are aware that a Chapter 13 bankruptcy can allow individuals to save their homes by restructuring their debt into a 3-year or 5-year payment plan. “Filing a Chapter 13 bankruptcy stops foreclosure proceedings, giving the homeowner a chance to save their home. Chapter 7 can possibly save a home by wiping out other debts, allowing the homeowner to focus on the home,” say San Diego bankruptcy attorney Craig Trenton. Read the rest of this entry →
February 22, 2013 in Chase, Chase complaint forum, Chase complaints, Chase loan modifications
Here at Banking Bad we really thought Chase was not as bad as Bank of America when it comes to loan modifications. The reason for this thinking is we get so many more B of A complaints at BankingBad.com, but we have recently learned that Chase loan modifications may be even worse. Read the rest of this entry →
January 29, 2013 in Bank of America, bank of america loan modification complaints, Bank of America music video, Banking Bad
Banking Bad – Episode 3 -BOA
The Bank of America home loan nightmare continues in “Banking Bad” – Episode 3. This episode of the Banking Bad series featuring musician, Dave Nichols who’s latest single “I Told You So,” features members of Eminem’s Detroit crew D12. Dave received a very bad loan on a small home purchase through Country Wide Home Loans, who was then purchased by Bank of America.Dave was beginning to live the American dream with his wife and very young son when his interest rate and monthly payment shot up prematurely in months as apposed to years as his home loan contract stated. This continued “error” caused an extreme hardship for his small family, and after 2 years of trying to get Bank of America to correct this inaccuracy, all Dave had to show for it was an even higher interest rate, many penalties, and fees added onto the bogus interest amount. Ultimately this fiasco led to a bankruptcy and a financially strained marriage that ended in divorce. Comment here. Read the rest of this entry →
December 3, 2012 in Bank of America Loan Mod, bank of america loan modification complaints, Bank of America wants you to die… before they modify, Banking Bad
Bank of America Loan Modification Complaints.
Bank of America wants you to die… part 2 - Bank of America Loan Modification… The horror continues! Bank of America claimed to “need” a Death Certificate from a living borrower to complete his loan modification. Watch this video to see what happens next in this loan mod nightmare.” Read the rest of this entry →
September 24, 2012 in Banking Bad News, Banking BAD Video Series, News
Banking Bad featured in Bloomberg Businessweek. The first video in the Banking Bad video series made the front page of the Markets & Finance/Real Estate section on the Bloomberg Businessweek website. Investigative journalist Karen Weise published a deep look into the Banking Bad Video series, titled Mortgage Help Turns Macabre For One Homeowner.
Bank of America spokesman Rick Simon says that the death certificate requests came because of an “inadvertent clerical entry.” He didn’t comment on the second request.
Well we have been getting a bunch of request to release part II so stayed tuned it is coming soon. Click here for a preview of “Bank of America wants you to die… before they modify,” part 2 sneak peek.
September 21, 2012 in Bankruptcy, Chapter 13, Home Saving Strategies, Stop Foreclosure
Millions of Bankruptcies were filed in the US last year, and over 200,000 bankruptcies were filed in California alone. With so many homeowners underwater and with uncontainable debt, Chapter 13 has been a way to save homes for many families and restructure their debt. The main reason this particular chapter often saves homes is Chapter 13 bankruptcy can often stop foreclosure. Read the rest of this entry →
September 12, 2012 in Bank of America Loan Mod, bank of america loan modification complaints, Bank of America Loan Modifications, Bank of America music video, Banking Bad T-Shirt
Ever since Dee launched his Bank of America Wants You to Die Before They Modify video, chronicling his experienced where he was asked to provide Bank of America a death certificate to get his loan modified, there has been a wave of people who have been inspired to fight Read the rest of this entry →
September 11, 2012 in Shadow REO
Shadow REO? Are up to 90% of the homes that are available for sale being hidden? We have been hearing more and more about “Shadow REO.”
Shadow REO: Big Banks Holding Back 90% of Home Inventory?
REO stands for “a class of property owned by a lender, typically a bank, government agency, or government loan insurer, after an unsuccessful sale at a foreclosure auction.”  The reason for all of the buzz is that there appears to be a large portion of this real estate inventory being purposely held back from the national real estate marketplace, in order to intentionally keep it off of the market, but why…? Read the rest of this entry →
September 8, 2012 in Bank of America Loan Mod, bank of america loan modification complaints, Bank of America Loan Modifications, Banking Bad News
We just got our hands on the Office of Mortgage Settlement oversight report: At the end of the report you can see which banks did modifications and in which states the banks did them in. Guess who did Zero in the first quarter covered by the report? (This, of course is according to the Office of the Mortgage Settlement report, during the period of March 1 to June 30, 2012.) Read the rest of this entry →