CTWatchdog - Bank Of America’s Christmas present: Foreclose Even Though Not A Payment Missed - But its much much worse than that!
This is the probably the worst story I have read about HAMP, Bank of America, Foreclosure, and the RUSH TO DAMAGE A HOMEOWNERS CREDIT SCORE just for applying for HAMP.
THIS HAS TO BE A FEDERAL HOBBS ACT VIOLATION, THE EXTORTION CLAUSE ! The mere act of applying for HAMP SHOULD IN NO WAY ADVERSELY AFFECT ONES CREDIT SCORE WITHOUT NOTIFYING THE HOMEOWNER OF THE CONSEQUENCES, FIRST.
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