Wednesday, June 19, 2013

Bank of America ordered us to lie, ex-workers say

http://www.marketwatch.com/story/bank-of-america-ordered-us-to-lie-ex-workers-say-2013-06-19?dist=countdown

Several former Bank of America employees filed declarations in a federal court last week claiming the mortgage lender told them to lie to customers seeking loan modifications.

Of nearly $30 billion in bailout funds allocated to housing programs, including HAMP, the Treasury has only spent about $5.2 billion. By contrast, Bank of America, alone, has received tens and tens of billions in bailout funds and loan guarantees since the financial crisis began.

No comments: