Saturday, June 15, 2013

BlackBerry comeback continues on reports of strong sales

By Michelle Conlin and Peter Rudegeair (Reuters) - Six former Bank of America Corp employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status of their mortgage payments and documents. The bank allegedly used these tactics to shepherd homeowners into foreclosure, as well as in-house loan modifications. Both yielded the bank more profits than the government-sponsored Home Affordable Modification Program, according to documents recently filed as part of a lawsuit in Massachusetts federal court. ...

Source: http://news.yahoo.com/blackberry-comeback-continues-reports-strong-sales-231514447.html

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