• Home
  • Newsletter Sign-Up
  • Local News
  • Real Estate Industry Updates
  • Home Design & Decor
  • Legal
  • Tips
  • Misc.
  • About JohnHart

Recent News:

  • LA Home Spotlight: The Ennis House Thinks Inside the Blocks
  • How the Rise of the “New Listings Near Me” Search Changed the Game for Homebuyers
  • Palm Springs Homeowners Shaken by Drastic Ground Lease Increases
  • Historic Theater Preservation Adds New Meaning to “Save the Drama” on LA’s South Broadway
  • Absorption Rate Analysis – July 2025: A Predictable Month Serves Up Our Lowest Absorption Rate High Yet

Tag: scandal

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!

  • Home
  • Newsletter Sign-Up
  • Local News
  • Real Estate Industry Updates
  • Home Design & Decor
  • Legal
  • Tips
  • Misc.
  • About JohnHart
Copyright © 2025 by The HartBeat.