Posts Tagged 'foreclosure help'

HAMP loan modifications: How to avoid getting scammed

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HAMP load modification scams have been front page news over the last year, with Bank of America leading the charge on systematic fraud and deceptive practices inside their loan modification department.

It isn’t only customers of Bank of America putting home owners into foreclosure for fraudulent reasons, banks sell their loans to non-bank loan servicers that are even shadier. Servicers who purchase servicing rights are not obligated to follow through on prior agreements with homeowners on loan modifications that aren’t yet ...

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Bank of America: Foreclosure Bonuses for Employees and Nothing for Homeowners

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While most Americans struggle to make ends meet, pay their debts and keep their homes, Bank of America is giving out gift cards for meeting quotas tied to sending distressed homeowners into foreclosure.

A Bloomberg article from June, 15, 2013 provides some more of the ugly details. Court statements from ex-Bank of America employees said that they were told to falsify records and improperly disqualified applicants to the Home Affordable Modification Program (HAMP). The employees said ...

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Can You Stop Foreclosure with Chapter 13 Bankruptcy?

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I get calls on a regular basis from Montana homeowners who need foreclosure help. Like many Americans, Montanans who have fallen on hard times and lost their jobs have not been able to keep up with mortgage payments, as a result, they are in foreclosure. I’ve also chatted with quite a few folks who were fraudulently put into foreclosure due to something as simple as a paperwork error.

Foreclosure, like a moving train, is difficult ...

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