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Bank of America whisteblowers say they were told to lie
I just got an inside tip for Bank of America Loan Mods!
Call the office of the CEO!
*TOLL FREE: 877-877-2670*
File a complaint regarding customer service, etc. and it will be reassigned
and addressed.
Christine
On Tue, Jun 18, 2013 at 9:38 PM, Mark J. Markus wrote:
> **
>
>
> That's consistent with what I've seen. I have a client right now that's
> been trying to do a loan modification with B of A. The client is an
> attorney, so knows how to follow rules. They submit everything that's
> required. Then B of A sends out a letter saying they're missing things and
> the client has 1 week to submit (or resubmit) the additional information.
> Client does this. Then B of A sends another letter a couple weeks later
> saying the same thing. I've received 4 letters so far over the course of
> about 4 months.
>
> Went through the same thing with Wells Fargo for another client.
>
> *************************
> Mark J. Markus
> Law Office of Mark J. Markus
> 11684 Ventura Blvd. PMB #403
> Studio City, CA 91604-2652
> (818)509-1173 (818)509-1460 (fax)
> web: http://www.bklaw.com/
> Certified Bankruptcy Law Specialist--The State Bar of California Board of
> Legal Specialization
> This Firm is a Qualified Federal Debt Relief Agency (see what this means
> at
> http://www.bklaw.com/bankruptcy-blog/20 ... efinition/
> )
> ________________________________________________
> NOTICE: This Electronic Message contains information from the law office
> of Mark J. Markus that may be privileged. The information is intended for
> the use of the addressee only. If you are not the addressee, note that any
> disclosure, copy, distribution or use of the contents of this message is
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> On 6/18/2013 11:29 AM, Hale Andrew Antico wrote:
>
> For what it's worth -
>
>
> http://www.salon.com/2013/06/18/bank_of ... ld_to_lie/
>
> Bank of Americas mortgage servicing unit systematically lied to
> homeowners, fraudulently denied loan modifications, and paid their staff
> bonuses for deliberately pushing people into foreclosure: Yes, these
> allegations were suspected by any homeowner who ever had to deal with the
> bank to try to get a loan modification but now they come from six former
> employees and one contractor, whose sworn statements were added last week
> to a civil lawsuit filed in federal court in Massachusetts.
>
> Bank of Americas practice is to string homeowners along with no apparent
> intention of providing the permanent loan modifications it promises, said
> Erika Brown, one of the former employees. The damning evidence would spur a
> series of criminal investigations of BofA executives, if we still had a
> rule of law in this country for Wall Street banks.
>
> The governments Home Affordable Modification Program (HAMP), which gave
> banks cash incentives to modify loans under certain standards, was supposed
> to streamline the process and help up to 4 million struggling homeowners
> (to date, active permanent modifications number about 870,000). In reality,
> Bank of America used it as a tool, say these former employees, to squeeze
> as much money as possible out of struggling borrowers before eventually
> foreclosing on them. Borrowers were supposed to make three trial payments
> before the loan modification became permanent; in actuality, many borrowers
> would make payments for a year or more, only to find themselves rejected
> for a permanent modification, and then owing the difference between the
> trial modification and their original payment. Former Treasury Secretary
> Timothy Geithner famously described HAMP as a means to foam the runway> for the banks, spreading out foreclosures so banks could more readily
> absorb them.
>
> Read the whole thing.
>
>
>
>
>
Christine A. Wilton, Esq.
Law Office of Christine A. Wilton
*Our New Office Location:
12650 Hoover Street
Garden Grove, CA 92841*
*Mailing:*
4067 Hardwick Street, Suite 335
Lakewood, CA 90712
Office: 877-631-2220
Cell: 562-824-7563
Fax: 1-636-212-7078
Email: attorneychristine@gmail.com
Web: www.attorneychristine.com
Blog: www.losangelesbankruptcylawmonitor.com
***************************
Confidentiality and Privilege. This e-mail message, including attachments,
is intended solely for review by the intended recipient(s) and may contain
confidential and privileged information. Any unauthorized review, use,
disclosure, or distribution is prohibited. Review by anyone other than the
intended recipient(s) shall not constitute a waiver of any ATTORNEY-CLIENT
PRIVILEGE or ATTORNEY WORK PRODUCT PROTECTION that may apply to this
communication. If you are not the intended recipient, please contact the
sender by return e-mail and destroy all copies of the original message.
Tax Advice Disclosure. Any tax information or written tax advice contained
in this email message, including attachments, is not intended to and cannot
be used by any taxpayer for the purpose of avoiding tax penalties that may
be imposed on the taxpayer. (The foregoing legend has been affixed pursuant
to U.S. Treasury Regulations governing tax practice.)
I just got an inside tip for Bank of America Loan Mods!Call the office of the CEO!TOLL FREE: 877-877-2670File a complaint regarding customer service, etc. and it will be reassigned and addressed.
ChristineOn Tue, Jun 18, 2013 at 9:38 PM, Mark J. Markus <bklawr@yahoo.com> wrote:
That's
consistent with what I've seen. I have a client right now
that's been trying to do a loan modification with B of A. The
client is an attorney, so knows how to follow rules. They
submit everything that's required. Then B of A sends out a
letter saying they're missing things and the client has 1 week
to submit (or resubmit) the additional information. Client does
this. Then B of A sends another letter a couple weeks later
saying the same thing. I've received 4 letters so far over the
course of about 4 months.
Went through the same thing with Wells Fargo for another client.
*************************
Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173 (818)509-1460 (fax)
web: http://www.bklaw.com/
Certified Bankruptcy Law Specialist--The State Bar of
California Board of Legal Specialization
This Firm is a Qualified Federal Debt Relief Agency (see what
this means at
http://www.bklaw.com/bankruptcy-blog/20 ... efinition/)
The post was migrated from Yahoo.
They're TOO BIG TO FAIL.....remember!
On Tue, Jun 18, 2013 at 11:29 AM, Hale Andrew Antico wrote:
> **
>
>
> **
> For what it's worth -
>
>
> http://www.salon.com/2013/06/18/bank_of ... ld_to_lie/
>
> Bank of Americas mortgage servicing unit systematically lied to
> homeowners, fraudulently denied loan modifications, and paid their staff
> bonuses for deliberately pushing people into foreclosure: Yes, these
> allegations were suspected by any homeowner who ever had to deal with the
> bank to try to get a loan modification but now they come from six former
> employees and one contractor, whose sworn statements were added last week
> to a civil lawsuit filed in federal court in Massachusetts.
>
> Bank of Americas practice is to string homeowners along with no apparent
> intention of providing the permanent loan modifications it promises, said
> Erika Brown, one of the former employees. The damning evidence would spur a
> series of criminal investigations of BofA executives, if we still had a
> rule of law in this country for Wall Street banks.
>
> The governments Home Affordable Modification Program (HAMP), which gave
> banks cash incentives to modify loans under certain standards, was supposed
> to streamline the process and help up to 4 million struggling homeowners
> (to date, active permanent modifications number about 870,000). In reality,
> Bank of America used it as a tool, say these former employees, to squeeze
> as much money as possible out of struggling borrowers before eventually
> foreclosing on them. Borrowers were supposed to make three trial payments
> before the loan modification became permanent; in actuality, many borrowers
> would make payments for a year or more, only to find themselves rejected
> for a permanent modification, and then owing the difference between the
> trial modification and their original payment. Former Treasury Secretary
> Timothy Geithner famously described HAMP as a means to foam the runway> for the banks, spreading out foreclosures so banks could more readily
> absorb them.
>
> Read the whole thing.
>
>
>
>
Christine A. Wilton, Esq.
Law Office of Christine A. Wilton
*Our New Office Location:
12650 Hoover Street
Garden Grove, CA 92841*
*Mailing:*
4067 Hardwick Street, Suite 335
Lakewood, CA 90712
Office: 877-631-2220
Cell: 562-824-7563
Fax: 1-636-212-7078
Email: attorneychristine@gmail.com
Web: www.attorneychristine.com
Blog: www.losangelesbankruptcylawmonitor.com
***************************
Confidentiality and Privilege. This e-mail message, including attachments,
is intended solely for review by the intended recipient(s) and may contain
confidential and privileged information. Any unauthorized review, use,
disclosure, or distribution is prohibited. Review by anyone other than the
intended recipient(s) shall not constitute a waiver of any ATTORNEY-CLIENT
PRIVILEGE or ATTORNEY WORK PRODUCT PROTECTION that may apply to this
communication. If you are not the intended recipient, please contact the
sender by return e-mail and destroy all copies of the original message.
Tax Advice Disclosure. Any tax information or written tax advice contained
in this email message, including attachments, is not intended to and cannot
be used by any taxpayer for the purpose of avoiding tax penalties that may
be imposed on the taxpayer. (The foregoing legend has been affixed pursuant
to U.S. Treasury Regulations governing tax practice.)
They're TOO BIG TO FAIL.....remember!On Tue, Jun 18, 2013 at 11:29 AM, Hale Andrew Antico
The post was migrated from Yahoo.