Relevant:
- NOW AVAILABLE: The RMBS Trust/Modification Analysis Report for Homeowners
- INTRODUCING: Freddie Mac’s New HAMP Backup Modification Plan
- Loan Modification & the Comprehensive Homeowner Financial Recovery Program -- The New Paradigm
- BofA Gave Bonuses to Foreclose on Clients, Lawsuit Claims
- Another Hawaii Homeowner Writes to Thank Me for Helping Her Get a Bank of America Loan Modification
2013-06-17 — wordpress.com
``One tactic Bank of America used to delay the modification process involved telling homeowners who applied for a HAMP modification or who were in a Trial Period Plan to resubmit financial information each time they called to inquire about a pending modification. BoA then treated any change in financial information as justification for considering the homeowner to have restarted the HAMP process. Even a small change to financial informaion will cause BoA to restart the application process under the pretext of changed financial information.''
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