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 →
“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 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 →
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 →