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Monday, May 10, 2010

Bank of America Customers Sue for Loan Modifications

[This post is written and copyrighted by Financial Elite (http://financialelite.blogspot.com/ ).]

From: Contact 13 investigates Bank of America

Bank of America customers describe the banks loan modification process as:

"Betrayed."


"Shame on you."


"Broken. What d I tell my kids?"


"No integrity."


"Horrendous."


"Frustrated."


"Screwed."


"No mercy."

Those are some choice words from Nevada homeowners who are facing foreclosure. The borrowers are so fed up with their creditor, Bank of America, they are filing class action lawsuit against Bank of America.

Others are saying:

"Pretty much at my breaking point," said a man who has had his check returned when he's tried to send partial mortgage payments.

"Shame on you, Bank of America," scolded another class action plaintiffs.

"Bank of America...un-American," says a local veteran.

Homeowners are doing something about their disgust with Bank of America's home loan modification process in Las Vegas. Read the whole story HERE.

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