“Using the Bank of America computer systems I saw that hundreds of customers had made their required trial payments, sent the documents requested of them, but had not received permanent modifications. I also saw records showing that Bank of America employees have told people that documents had not been received when, in fact, the computer system showed that Bank of America had received the documents. This was consistent with the instructions my colleagues and I were given. We were told to lie to customers and claim that Bank of America had not received documents it had requested, and that it had not received trial payments (when in fact it had). We were told that admitting that the bank received documents would “open a can of worms” since the bank was required to underwrite a loan modification within 30 days of receiving those documents and it did not have sufficient underwriting staff to complete the underwriting in that time…. Site leaders regularly told us that the more we delayed the HAMP modification process, the more fees Bank of America would collect. We were regularly drilled that it was our job to maximize fees for the bank by fostering and extending the lay of the … modification process by any means we could — this included lying to customers. For example, we were instructed by our supervisors at Bank of America to delay modifications by telling homeowners who called in at their documents were “under review,” when, in fact, there had been no review or any other work done on the file.”
This is an allegation of intentional, institutionalized and outrageous fraud upon the public which cost people their houses.
It is a crime to engage in bank fraud.
Folks, until and unless the Department of Justice and State prosecutors bring criminal charges against the executives and the firm itself for these and other related outrageous and pervasive practices which are in fact policy, you are under no obligation to behave in a lawful and ethical manner toward any State or Federal agency.
This does not mean that you may not choose to do so because you are unwilling to risk being incarcerated or shot for doing unto them as they are doing to you, but it does mean that you have no moral or ethical obligation to behave toward these entities in a fashion consistent with morality or ethics because you have hard, documented proof through cases just like this that the government has and will refuse to prosecute blatant and outrageous crimes against people just like you.
Go ask Brian Terry about that if you doubt me.
Bring a spiritualist as you will need to conduct a seance to do so.