As reported by the Huffington Post, Bank of America's loan modification program is coming back into the eyes of the justice system. Bank of America is said to have offered mortgage assistance to customers only if they agreed to not make any derogatory statements and also remove any statements that were already posted through any form of online publication including Facebook and Twitter.
Arizona attorney general, Thomas Horne, investigated the accusations and found a dozen of cases where Bank of America waived borrower's debt and paid their fees upon the agreement that they stop complaining. It appears that in attempts to help their image, Bank of America is now suffering from more allegations that are adding to their already dwindled reputation.
Lawyers of Bank of America have said that borrowers are still able to obtain loan modifications without the above stipulations.
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