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Tag: employee

bank of america modification scandal

Bank of America Encouraging Employees to Delay Modifications and Foreclose

Industry, Politics & Econ June 18, 2013April 20, 2016 John Maseredjian 0 Comments

Well it seems that what we all suspected was in fact true!  According to a former Bank of America employee, Loss Mitigation Specialists were told to delay the Home Affordable Modification Process (aka HAMP) and were even given bonuses for foreclosure initiations!

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