Tuesday, November 19, 2013

Bogus denial by BofA

After being denied twice by Bank of America, who solicited us for a modification prompted by the Justice Department, due to not having pay stubs (WHICH WE DON'T HAVE BECAUSE WE ARE SELF EMPLOYED--this was noted 9 times in 3 packages.) I consulted with an attorney who told me to file a complaint with the Consumer Financial Protection Bureau or CFPB and the OCC. Both you can do online and very easy. I filed 11/14/13 last Thursday late afternoon. Yesterday Monday 11/18/2013 I got two calls one from a representative that appointed herself as my primary contact and she would get to the bottom of this and the other from a women in the office of the CEO of BofA.

If you are being denied for bogus reasons, take the time to file a complaint. Not sure what the outcome will be.....let you know.

Saturday, November 16, 2013


William Dudley, president of the New York Fed:

"After all, collectively these enhancements to our current regime may not solve another important problem evident within some large financial institutions---the apparent lack of respect for the law, regulation and the public trust."

Calls Big Banks "Pathological environment"

Let's just call it whet it is crooks and criminal behavior who get away with whatever they want