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Loan Modification

: Loan Modification & Home Loan News

Bank of America Sued Over Loan-Modification Practices

By Moe Bedard

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Oct. 28 (Bloomberg) — Bank of America Corp., the largest U.S. bank by assets, was sued by a Florida borrower who accused the bank of violating the federal government?s home-loan modification program to boost its earnings. The bank told customer-service representatives to mislead homeowners who ask about loan modifications, ignored completed modifications and failed to [...]

Full post as published by Loan Modification & Home Loan News on October 29, 2010 (boomark / email).

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