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Previous Lender out-of America team offered sworn statements that the financial lied in order to homeowners, refuted loan adjustment to own fake reasons and compensated teams getting giving property owners so you’re able to foreclosure.

Series: Foreclosure Drama

Financial regarding The usa employees frequently lied so you’re able to homeowners trying to financing modifications, denied the software for made-right up reasons, and you can were rewarded getting delivering home owners in order to foreclosure, according to bound comments from the former financial professionals.

The newest employee comments was recorded later a week ago in the federal court into the Boston included in a multi-state category step match brought on account off homeowners exactly who wanted to avoid foreclosures from the government’s House Reasonable Amendment Program (HAMP) however, state they had its times botched of the Lender out-of The usa.

ProPublica symbolization

For the a statement, a bank regarding America spokesman mentioned that all the former employees’ statements try rife having truthful discrepancies which the bank often operate a lot more totally for the court 2nd times.

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