I know so many customers of Bank of America are experiencing the same problems with denial of Loan/Mortgage Modifications, but I am telling you to fight on. I have been battling them for over a year and have been deceived, flat out lied to, and stalled at every turn. I continue to do my research and below are the names and addresses of those bringing a new lawsuit against BoA. Write them, give them details of what you have been going through and be accurate and truthful. The masses, such as us, can be successful if we act as one.
Christy L. Romero, (Christy L Romero 1801 L NW St Washington, DC 20036) the Special Inspector General for the Troubled Asset Relief Program (SIGTARP); Preet Bharara (United States Attorney's Office"¨1 St. Andrews Plaza"¨New York City, NY 10007), the United States Attorney for the Southern District of New York; and Steve A. Linick, (Federal Housing Finance Agency | Office of Inspector General"¨400 Seventh Street, SW"¨Washington, DC 20024) the Inspector General of the Federal Housing Finance Agency (FHFA) haveÂ announced that the U.S. has filed a civil mortgage fraud lawsuit against Bank of America Corporation and its predecessors Countrywide Financial Corporation and Countrywide Home Loans Inc. The Government's Complaint seeks damages and civil penalties under the False Claims Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) for engaging in a scheme to defraud Fannie Mae and Freddie Mac. Specifically, the complaint alleges that from at least 2007-2009, Countrywide, and later Bank of America after acquiring Countrywide in 2008, implemented a new loan origination process called the "Hustle," which was intentionally designed to process loans at high speed and without quality control (QC)Â checkpoints, and which generated thousands of fraudulent and otherwise defective residentialÂ mortgage loans sold to Fannie and Freddie that later defaulted, causing $1 billion-plus in losses and foreclosures.