Homeowners Out of Luck in Finding Foreclosure Relief

Bank of America is making national headlines, as six former employees filed declarations in a federal court this month alleging that the mortgage lender engaged in fraudulent practices to force customers into foreclosure.

As the largest mortgage servicer in the Home Affordable Modification Program (HAMP) when the program began in 2009, Bank of America held twice as many eligible loans as the next largest bank. But former employees are claiming that bank officials arbitrarily declined masses of applications, rewarded employees for foreclosing on homes and falsely claimed they hadn’t received documents from homeowners.

Go here to Read More…

One comment on “Homeowners Out of Luck in Finding Foreclosure Relief

  1. shoe lifts says:

    My sister sent me here and I’m pleased! I will definitely save it and come back!

Leave a Reply

Your email address will not be published. Required fields are marked *