Very interesting read at Courthouse News Service about the latest class action lawsuit against Bank of America and their handling of HAMP.
HAMP applicants are FORCED to fall behind on their mortgage payments
by 2 to 4 months BEFORE they can even APPLY for HAMP! The BANKSTERS
use that 2-4 month delay to begin PARALLEL FORECLOSURE on their HOME!!
Most homeowners are unaware of the HAMP, BAIT and SWITCH to PARALLEL FORECLOSURE ACTION!
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The "decent amount of home sales" were comprised of 20% to 45% foreclosed homes. Now the banksters are going to look elsewhere for their "fix" while they figure out legislation to screw over close to a million parallel foreclosure victims.
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