(via BofA Gave Bonuses to Foreclose on Clients, Lawsuit Claims - Bloomberg)

…the second-biggest U.S. lender, rewarded staff with cash bonuses and gift cards for meeting quotas tied to sending distressed homeowners into foreclosure, former employees said in court documents.
Mortgage workers falsified records and were told to delay U.S. loan-assistance applications by requesting paperwork that the Charlotte, North Carolina-based bank had already received, according to statements from ex-employees filed last week in federal court in Boston. The lender improperly disqualified applicants to the Home Affordable Modification Program, or HAMP, according to a May 23 statement from Simone Gordon, a loss-mitigation specialist who left the company in 2012.

(via BofA Gave Bonuses to Foreclose on Clients, Lawsuit Claims - Bloomberg)

…the second-biggest U.S. lender, rewarded staff with cash bonuses and gift cards for meeting quotas tied to sending distressed homeowners into foreclosure, former employees said in court documents.

Mortgage workers falsified records and were told to delay U.S. loan-assistance applications by requesting paperwork that the Charlotte, North Carolina-based bank had already received, according to statements from ex-employees filed last week in federal court in Boston. The lender improperly disqualified applicants to the Home Affordable Modification Program, or HAMP, according to a May 23 statement from Simone Gordon, a loss-mitigation specialist who left the company in 2012.

1,679 notes

Show

  1. versace17 reblogged this from dopenmind
  2. corseted-browngirl reblogged this from dopenmind and added:
    So true
  3. planetclaire-extraordinaire reblogged this from dopenmind
  4. nofx-on-me reblogged this from dopenmind and added:
    Pieces of shit.
  5. dopenmind reblogged this from diegueno
  6. starlightonthesea reblogged this from diegueno
  7. laroxay reblogged this from stringsdafistmcgee
  8. stringsdafistmcgee reblogged this from diegueno
  9. sawyeriii1776 reblogged this from gentledom
  10. mindoncoffee reblogged this from diegueno
  11. thelovegangster reblogged this from tszarina
  12. whatstheskinnyjean reblogged this from tszarina
  13. tszarina reblogged this from thedivinemorningstar
  14. guinn-law-group reblogged this from diegueno
  15. powerkurt reblogged this from diegueno
  16. lifekillsrebels reblogged this from nefferatiymaat
  17. nefferatiymaat reblogged this from browngurlwfro
  18. little-lovely-lily reblogged this from shamefulclutter
  19. mesmur reblogged this from knowledgeequalsblackpower
  20. miwrighting reblogged this from wincenworks
  21. wincenworks reblogged this from ladyshinga
  22. radical9 reblogged this from ladyshinga
  23. wondersmithofastronautalis reblogged this from ladyshinga
  24. spare-armadillo reblogged this from ladyshinga
  25. uchuu-no-himajin reblogged this from dada-disco
  26. dracota reblogged this from ladyshinga
  27. princess-starburst reblogged this from ladyshinga
  28. quietkokiri reblogged this from ladyshinga
  29. truthnchaos reblogged this from ladyshinga
  30. ahxuen reblogged this from knowledgeequalsblackpower
  31. robinofthehood13 reblogged this from ladyshinga
  32. queenofsquirrely reblogged this from ladyshinga

Blog comments powered by Disqus