Evil Bankster? Bank Of America Accused Of Paying Bonuses For Foreclosing On Homes

Former employees of Bank of America submitted sworn affidavits to a civil lawsuit claiming that the financial institution purposely stalled, delayed or denied home loan modifications. They also claimed that the bank enforced foreclosure quotas and gave bonuses to those with the highest foreclosure rate. So will Bank of America pay for these alleged practices? Richard Eskow, senior fellow for Campaign for America’s Future, gets into the details.

  • iPage Web Hosting for only $1.99/Month
  • Free Domain for Life!
  • The Original $3.15/mo. FatCow Plan - Unlimited Disk Space, Unlimited Transfer, Unlimited E-mails & Site building tools.
  • Host your website with MyDomain!
  • Tags: Bank Of America, Wells Fargo, Foreclosing On Homes , Foreclosure, Pretend & Extend Scam, Modification, Home Loans, BofA

    Amazon Apple Music Spotify iTunes Napster
    Deezer iHeart Radio Google Play - Youtube Tidal TheTruthTale.com