Bank Of America Gives Loan Modifications To People Who Won't Complain About Them On Facebook

Bank Of America Gives Loan Modifications To People Who Won't Complain About Them On Facebook

As we’ve previously reported, Bank of America’s loan modification program (for want of a better phrase) is being sued by the state of Arizona. But the AZ Attorney General says the nation’s second-largest bank is hindering his investigation by quietly negotiating settlements with underwater homeowners — or at least those who will pledge to keep their mouths shut about the bank. [More]