Is Your Bank misleading homeowners seeking loan modifications and - TopicsExpress



          

Is Your Bank misleading homeowners seeking loan modifications and rejecting their applications for phony reasons. Are the Banks using the Federal government’s Home Affordable Modification Program, or HAMP, to rake in as much Federal Money as possible before ultimately Foreclosing on the homeowners the program was meant to help. Simone Gordon, a former Loan-level representative, said: "We were told to Lie to customers and claim that Bank of America had not received documents it had requested." In return for their deceitful practices, the employees say they were paid cash bonuses for the foreclosures they helped cause.
Posted on: Thu, 20 Jun 2013 14:25:06 +0000

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