START A PETITION 25,136,189 members: the world's largest community for good
START A PETITION
x

Bank of America Sued for $1bn for Alleged Mortgage Fraud


Business  (tags: dishonesty, corporate, BigBanks, greed, Bank of America, foreclosures, corruption, business, politics, society, government, ethics, finance, abuse )

Cal
- 695 days ago - bbc.co.uk
Bank of America is being sued for $1bn (£624m) for alleged mortgage fraud.



Select names from your address book   |   Help
   

We hate spam. We do not sell or share the email addresses you provide.

Comments

Jason S. (57)
Wednesday October 24, 2012, 7:09 pm
Bad for the world bank, RIP BOA don't need you or want you around anymore. good posting, thanks
 

JL A. (275)
Wednesday October 24, 2012, 7:22 pm
BofA also was a big player in the foreclosure illegalities allegations and problems with the renegotiations of the federal programs--this is about Countrywide, who they purchased, and not their own practices. I wonder why not?
 

Giana Peranio-Paz (384)
Thursday October 25, 2012, 3:15 am
Thanks.
 

Shalvah Landy (0)
Thursday October 25, 2012, 4:28 am
Notice this was reported by the BBC not a US report...
 

Gloria picchetti (290)
Thursday October 25, 2012, 4:33 am
Let them pay back.
 

Danii R. (1)
Thursday October 25, 2012, 12:47 pm
Time BOA be held responsible for all their shenanigans. They've been a fraudulent bank for years now. Definitley ripped money out of my pockets and many others I know.
 

Kathleen R. (138)
Thursday October 25, 2012, 2:54 pm
noted & read
 

Tal H. (8)
Thursday October 25, 2012, 5:13 pm
Thanks for the share!
 

Mary Donnelly (47)
Thursday October 25, 2012, 8:32 pm
Thanks Cal--good post.
 

Wangcai Leung (0)
Thursday October 25, 2012, 8:51 pm
it is a bad new for the world bank.
 

june t. (65)
Friday October 26, 2012, 1:44 am
this will drag on and on for years...
 

Michael Carney (209)
Friday October 26, 2012, 3:06 am
I'm sure they will drag it out for ages, however it's good their bringing suit... Now maybe the bill will come due, for this Terrorist Bank, who destroyed thousands, if not Millions of American Families...That's why in my eyes they are terrorists...God knows they destroyed more American lives, than the Taliban, or Al Quida have combined...And they destroyed them just because of pure greed...So I hope they pay the highest price possible for the reign of terror, they perpetrated against any poor soul who had the misfortune to deal with The Bank of America...
 

pam M. (98)
Friday October 26, 2012, 4:08 pm
Chase and Wells Fargo should be next. All used a form of Countrywide's Fast n' Easy loan programs.
 

John S. (303)
Monday October 29, 2012, 4:24 am
What looked brave at the time looks foolhardy now, should just left the government deal with the mess.
 

Carol H. (229)
Monday October 29, 2012, 6:50 pm
happily noted!!
 
Or, log in with your
Facebook account:
Please add your comment: (plain text only please. Allowable HTML: <a>)

Track Comments: Notify me with a personal message when other people comment on this story


Loading Noted By...Please Wait

 

 
Content and comments expressed here are the opinions of Care2 users and not necessarily that of Care2.com or its affiliates.