Bank of America praised, criticized for homeowner relief

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Bank of America praised, criticized for homeowner relief

Bank of America praised, criticized for homeowner relief

Read this first and then see what type of a prosecutor this man is: Iowa Attorney General Tom Miller Campaign Contributions Rise When Foreclosure Investigation Begins


WAPO-

It is rare for a megabank to get praised these days, especially by prosecutors.

Bank of America, however, received plaudits from Iowa Attorney General Tom Miller for providing $27.9 billion in consumer relief under the national mortgage settlement, more than any of the other four banks signed on to the agreement.

“They don’t get mentioned in a positive way too often,” said Miller, a key architect of the settlement, during a call with reporters this week to discuss the progress of the deal. Bank of America “had the broadest and most effective and most successful principal reduction program.”

[WASHINGTON POST]

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One Response to “Bank of America praised, criticized for homeowner relief”

  1. Sarah says:

    It’s not a settlement, it’s a get out of jail for free card. Miller, avoids any accuracy, as does the WaPo, to defend a TBTF institution. Don’t bank with BOA.

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