Tuesday, June 18, 2013

HAMP'd

The key point here is that these are ongoing practices (one ex-employee confirms BofA was deliberately pushing their customers into foreclosure as late as last August) and that there's documentary evidence in addition to sworn statements (the plaintiffs already submitted emails under seal).

Somehow every state and federal law enforcement official in the country skipped over talking to bank employees who got Target gift cards as bonuses for putting homeowners in foreclosure, and this had to come out in a class-action lawsuit. Funny how that goes.

Oh, and also, mortgage servicers try to rip off natural disaster victims.

Your bowl of sadness for the day.