If I embarrassed the state, I apologize, but that certainly wasn’t my intent.
– Arizona Secretary of State Ken Bennett (and Arizona Co-Chair of Romney’s campaign), who had threatened to remove Barrack Obama’s name from the presidential ballot in that state unless he received absolute “proof” from Hawaii that Obama was born there. When asked, Bennett admitted that the didn’t seek similar information from Michigan regarding Mitt Romney’s birth.
- Birther-curious Bennett playing games in Arizona (maddowblog.msnbc.msn.com)
- Hawaii Attorney General To Arizona Secretary Of State: Prove That You Need Obama’s Birth Certificate (businessinsider.com)
- AZ Secretary Of State Apologizes For Birther Threat, But Still Seeks Proof Of Obama’s Birthplace (alan.com)
- Hawaii turns tables on Arizona Secretary of State’s birther requests (rawstory.com)
Nevada and Arizona Attorneys General have filed suit against Bank of America over fraud in connection with homeowners seeking loan modifications and foreclosure practices. It is about time.
In withering complaints filed in state courts in both states, the attorneys general accused Bank of America of assuring customers that they would not be foreclosed upon while they were seeking loan modifications, only to proceed with foreclosures anyway; of falsely telling customers that they must be in default to obtain a modification; of promising that the modifications would be made permanent if they completed a trial period, only to renege on the deal; and of conjuring up bogus reasons for denying modifications.
“Bank of America’s callous disregard for providing timely, correct information to people in their time of need is truly egregious,” Catherine Cortez Masto, the attorney general of Nevada said in a statement.
Many Nevada homeowners continued “to make mortgage payments they could not afford, running through their savings, their retirement funds or their children’s education funds.”
I had been a multi-decade Bank of America customer with bank accounts and credit cards. I ended that relationship a few months ago based on behavior like this toward their customers. Bank of America received $45 Billion in bailout/TARP money during the crisis. Yet, they deceive homeowners looking for loan modifications and they foreclose on homes despite promises not to do so. Shameful.
There is also a multi-state investigation of such practices underway.
Update: Further demonstrating that Bank of America acts solely in its own interest, it has announced it will no longer process payments going to Wikileaks. As you have probably heard, Julian Assange of Wikileaks has threatened to release insider documents relating to bank wrong-doing, and there is speculation that BofA is at the center of those documents. This should trigger the release. Could be interesting to see what happens.
- Arizona, Nevada sue Bank of America over loan modifications (latimesblogs.latimes.com)
- Arizona, Nevada sue Bank of America over loan modifications (seattletimes.nwsource.com)
- Arizona Sues Bank Of America, Alleges Loan Modification Fraud (huffingtonpost.com)
- UPDATE 4-Two states sue Bank of America on mortgage servicing (reuters.com)