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Check this out> THE SIEGE-Federal Reserve Protests beginning March 28
I have to tell you that I have been waiting for these emails to come out for a very long time. I should also let you know that I am one who despises this company with a passion due to past problems with them when I had an account there. If they are so sorry that they would lie and cheat a little account holder who is just getting by, I can imaging how the homeowners have been getting screwed by BofA.
The initial emails can be read HERE if you can get the site to come up. As of 9:31 am eastern time, the site is “ temporarily unavailable.” That could be due to all of the visits to the site, or because the United States government has knocked it offline. ( Mirror Server )
Meanwhile, you can go HERE to get caught up on what has been released thus far. A little taste follows.
From Operation LeakS' site, http://bankofamericasuck.com, here is the initial release of what appears to be a whistleblower's (former employee) disclosure that Brian Moynihan's firm is lying to the Federal government. The punchline is that this appears to be a concerted effort from the ground up to hide foreclosure data from auditors and the Fed in order to obtain select preferential treatment in a variety of housing related axes, in many instances to accelerate foreclosures. As the whistleblower summarizes: "Balboa Insurance/Countrywide knowingly hiding foreclosure information from federal auditors during the federal takeovers of IndyMac Federal (a subsidiary of OneWest) and Aurora Loan Services (a subsidiary of Lehman Bros Holdings), falsifying loan documentation in order to proceed with foreclosures by fixing letter cycles in the system, reporting incorrect volumes to all of their lenders and to the federal auditors to avoid fines for falling behind on Loan Modifications, purposefully and knowingly adjusting premiums for REO insurance for their corporate clients while denying forebearances for individual borrowers, etc, etc, etc.
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