How Bank Watchdogs Killed Our Last Chance At Justice For Foreclosure Victims: "At Bank of America, employees have testified that they lied to homeowners seeking loan modifications, denied their applications for invented reasons and were rewarded for pushing borrowers into foreclosure.
A 2012 study conducted by academics and regulators at both the Office of the Comptroller of the Currency and the Federal Reserve found that the mortgage industry had screwed up the modifications of more than 800,000 loans."
'via Blog this'
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