autogestion [2012-03-15 01:43:37 +0000 UTC]
[link]
bank of america defrauded the federal home affordable modification program
designed to help homeowners facing foreclosure
by preventing scores of eligible homeowners from receiving loan modifications
b of a and its loan servicing subsidiary implement business practices designed to intentionally prevent scores of eligible homeowners from becoming eligible or staying eligible for permanent h a m p modification
the bank and its agents routinely pretended to have lost homeowners documents
failed to credit payments during trial modifications
and intentionally misled homeowners about their eligibility for the program
b o a let through just enough h a m p modifications to avert suspicion and allay congressional critics
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