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June 19, 2013
Modifications and stated nonpayment as reason for cancelation when it was apparent from the computer system that the homeowner had actually made the required payments." william wilson, underwriter then-case management team manager, 2010 to 2012. "employees who challenged or questioned the ethics of bank of americas practice of declining modifications for false and fraudulent reasons for often fired." teresa, collector 2009 and 2010. "the information we received in group meetings showed me that b...
June 19, 2013
Now, weve known for years in talking to the people on the receiving end of the banks treatment that borrowers seeking loan modifications were strung along and screwed over. now we have what appears to be the smoking gun. heres just a sample of what the bank of america employees said under oath. simone gordon, senior collector, 2007 and 2012, "we were told to lie to customers and claim that bank of america had not received documents it had requested and that it had not received trial payments whe...
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