Tony and Suzanne Marriott's Phoenix Arizona Real Estate Blog

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EXTRA, EXTRA . . . READ ALL ABOUT IT . . . The States of Arizona and Nevada SUE the Bank of Beelzebub . . . err, I mean Bank of America!!

It's unfortunate that many of the players responsible for this behavior have moved on.  The new faces this year, particularly Matt Vernon, have made great strides in improving the B of A Short Sale process and processing time.  Hopefully this development won't adversely impact B of A Short Sales here in Arizona.

EXTRA, EXTRA . . . READ ALL ABOUT IT . . . The States of Arizona and Nevada SUE the Bank of Beelzebub . . . err, I mean Bank of America!!

Bank of America Accused by Arizona, Nevada of Botching Loan Modifications (Bloomberg)

Arizona, Neveda Sue BofA Over Loan Modifications (AP)

Two States Sue Bank of America on Mortgage Servicing (Reuters)

The lawsuits filed today against the Bank of America are the first in the Nation, and are based on fraud allegations against Bank of Beelzebub in their loan modification programs.

"The bank is accused in the Arizona and Nevada lawsuits of misleading consumers about requirements for the modification program and how long it would take for requests to be decided. The bank provided inaccurate and deceptive reasons for denying modification requests, according to the suits."  By Karen Gullo, Bloomberg

 

Hmmmm . . . you don't say!?!  The bank provided inaccurate and deceptive reasons for denying the loan mods?!?

NO KIDDING!!  What the "hell" do you expect from the Bank of Beezlebub?  Honesty?!?  Helping home owners remain in their homes vs. foreclosing?!?  Muwhahahahahahah . . .

Of course, these are "allegations" {wink, wink} and, as with any good defense counsel -- they'll make a TON 'O MONEY defending the spawn of Lucifer . . . if they were retained to do so.

As if we (REALTORS®) DIDN'T KNOW THAT THIS GOES ON IN THE MARKET!  WE'RE IN THE TRENCHES EVERY DAY, HEARING THESE STORIES!!  

The States of Arizona and Nevada have sued based, among other things, on Bank of America's BOTCHING the home-loan modification programs

OOPSIE!!

Can't wait until the States' Attorneys CALL THEIR WITNESSES!!  I'm sure the home owners that got screwed will be lining up to bear testimony.

We know:  The banksters make more on the foreclosure and reselling of the property.  The examples of FDIC's work out deal with Indy/West One are here.  I'm sure the same deal is available to Bank of Beelzebub.  And if we've forgotten "how" the banksters profit in foreclosures, just watch this for a refresher. 

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Representing Buyers Since 1999 ~

Carla Muss-Jacobs, ABR, CEBA, e-PRO, Realtor®

Principal Broker/Owner  ~ EBAPortland, LLC
YOUR Exclusive Buyer's Agent

(503) 810-7192 / Carla@CarlaHomes.com

EBA Portland, LLC

CHECK OUT www.EBAPortland.com for Home Buyer TIPS! 

 

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About the Authors - Updated 2018

If you are considering a Traditional or Short Sale of your home in Phoenix, Scottsdale or any location in Maricopa County Arizona, you owe it to yourself to talk with the BVO Luxury Group @ Keller Williams Arizona Realty to determine whether Tony and Suzanne Marriott are the best real estate Brokers in the Phoenix and Scottsdale metropolitan area to help you with the Successful Sale of your home.

Tony and Suzanne have personally Listed, Sold and Closed more than a hundred Short Sales with the highest list to close rate in the Phoenix Metro Area!

Tony Marriott - Chief Operating Officer - BVO Luxury Group @ Keller Williams Arizona Realty

Suzanne Marriott - Chief Technology Officer - BVO Luxury Group @ Keller Williams Arizona Realty

Associate Brokers, REALTORS
BVO Luxury Group
Keller Williams Arizona Realty
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