Bank Of America’s Senior Loan Collector Admits To Lying Because He Was Told To Lie

Bank of America did not merely lie to its customers. Bank of America makes a practice of lying to its own staff. While the use of a “nonperforming” loan are higher than the fees paid on a “performing” loan, the real reason for this outrageous behavior is that the banks are attempting to protect and maintain their receipt of outrageous sums of money that they have declared to be proprietary trading profits.

via BANK OF AMERICAS SENIOR LOAN COLLECTOR ADMITS TO LYING BECAUSE HE WAS TOLD TO LIE | IN RE BANK OF AMERICA HOME AFFORDABLE MODIFICATION PROGRAM HAMP CONTRACT LITIGATION | Barry Fagan – JDSupra.

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