BofA’s Brian T. Moynihan Op-Ed | Foreclosure Always the Last Option

Foreclosure always the last option

Brian T. Moynihan

Howard J. Stoddard, the founder of Michigan National Bank, Bank of America’s predecessor in this community, once remarked, “The average man is honest. When you get a debt within the capacity of a man to pay, it is a sound debt.”

I believe this to be true — and it’s this belief that is driving our work to help address challenges many homeowners face. One of the most important thing bankers can do to help drive economic recovery is to help financially distressed homeowners keep their homes when possible; and to help build a better, more stable mortgage industry for the future.

We are making progress. U.S. banks have completed about 4 million mortgage modifications since 2008 to help customers keep their homes. More than 750,000 of those are Bank of America’s.

We have opened regional customer assistance centers here and around the country, and hosted outreach events with local nonprofits that specialize in foreclosure avoidance.

Every day, our mortgage servicing employees talk with tens of thousands of distressed customers, with the goal of helping them stay in their homes, if possible. Unfortunately, the only path left for some is foreclosure — the worst outcome for the customer and the bank.

smiley

You can check out the rest after you are done puking here…

~

4closureFraud.org

Comments
18 Responses to “BofA’s Brian T. Moynihan Op-Ed | Foreclosure Always the Last Option”
  1. l vent says:

    MOYNAHAN IS JUST ANOTHER WALL STREET PIMP.

  2. l vent says:

    SCREW YOU MOYNAHAN, YOU SCUMBAG HOME STEALING PIECE OF SHIT TRAITOR POSING AS AN AMERICAN WHO WORKS FOR A FOREIGN MULTINATIONAL BANK. WHICH PIECES OF SHIT MEMBERS OF CONGRESS AND WHICH CROOKED POLITICIANS DO YOU OWN?? THE AMERICAN PEOPLE ARE GOING TO FIND OUT. WE WANT OUR STOLEN MONEY AND OUR STOLEN HOMES BACK. RESCIND OUR LOANS YOU SCUMSUCKING PIGS.

    • disableddad says:

      I vent, GOOD F’n JOB.
      your comment of Moynahan makes me think of one of my favorite songs. This song is by the great artist C Lo Green and you may all ready know it and been following its message.
      So Mr. Moynahan, all I can say to that is..FUCK YOUUUU!.

      • lvent says:

        Thanks disableddad!!!…….just trying to do my patriotic duty by routing out and exposing who the traitors and treasonist are that are hiding in plain sight, right in our midst….and are holding America hostage with unsustainable and most importantly, UNSECURED DEBT…..THIS IS A PATRIOTIC ATTEMPT TO CANCEL A FAKE/FRAUDULENT UNSECURED DEBT THAT IS NOT OWED TO THE CRIMINALS AT THE TBTF…..BY THE AMERICAN PEOPLE..

      • lvent says:

        Or how about this one disableddad, TAKE THIS DEBT AND SHOVE IT, I AINT PAYIN FOR THIS FRAUD NO MORE………OR TO THE LYRICS CHAIN GANG……..

        WERE NOT WORKING ON THE CHAIN GANG FOR WALL STREETS CASINO GULAG….

      • disableddad says:

        Your choice of songs just shows how much more class you have than I, HAHAHA…..
        I crossed wayyy over the line awhile back and may never come back because of this mess.

      • lvent says:

        disableddad, this is a still a democracy, well sort of. You can express yourself anyway you see fit….some people hate the fact I use all caps alot but I say,,it is freedom of expression.. If someone does not like all caps don’t read my comments…..They have a choice..They don’t have to agree with the way I express myself but they can at least defend my right to express myself as I choose……that is what I love about this website they are helping people get to the truth and find out what their rights are and the laws are that protect us from tyranny… and blowing the whistle on the crooks and who these traitors are… .I defend your right to free speech and freedom of expression. People power!!!!!!!!

  3. Well. I got to admit one thing…this Moynihan has lied so long now, he actually believes his lies…. They, all the fraud banksters, fall under the same pattern. In fact…most of the government are liars. In fact…they all are a hell of a lot worse than liars. They are all frig’n scamers…they are all guilty of taken America down to ruins. These was premeditated crimes….years in the planning…There are some in Congress who are furious that there have been no arrests, no indictments…not all are bastards…but they too are shoved aside as well as the citizens of America. Now we must start the shoving right back…we must do this to save the country from the scabs that need to fall…not fail, but to fall into the pit of fire.
    Obama has done nothing for this country..nothing…the waste of a healthcare package…over 2 years of waste…this was for his NWO…same with Bill Gates…depopulation is his name…Al Gore…sicko….all guilty of being a traitor…..and the list goes on…I read where Bush bought 100,000 acres in Brazil…the next week Obama goes to Brazil and gives orders to bomb Libya…orders while he is in another country…yet CONgress claims he was to speak to them before any orders…Obama does not follow any American Laws…he is an imposter. Obama claims he was in Brazil to talk over immigration…what immigration??? He needs to stay here in the U.S. we don’t need him to travel freely and just talk of shit… We got BIG problems here…and he has done nothing but take America down. His trips are his doings…talking of the NWO…how does that set with America?????? How much are the citizens going to take…I feel it has come time for all to WAKE UP….everyone. Our government has turned on all of us…….AND let’s not forget old Jamie ‘demon’ at JP Morgan Chase…JP Morgan helped finance Hitler…and Jamie ‘demon’ helped bring America down.

    • david black says:

      now now mr monihan or whatever his name is knows

      THAT LYING PAYS and is especially profitable when the lies are approved by treasury occ and the fed reserve. NOW AINT THAT JUST SPECIAL.

      David

  4. david black says:

    if there ever was a hunk of bs that rained on america’s parade it is this b of a pres aka the head crook laying his by on us as to the number of mods. that is total horses…

    David

  5. see says:

    There are only 2 options for people facing foreclosure that banks are giving people. They are foreclosure or foreclosure. Can you guess which one these heartless bastards will choose?

  6. Fury says:

    i’d say it is within the capacity of BofA to pay back the debt they owe to the homeowners they have ripped off.
    that is the only “sound debt.”

  7. Steve says:

    Yes I beleive it’s BULLSHIT!!!!I Know, I’m in Foreclosure and B of A never offered anything to me. In fact their Declaration attached to the Notice of Default Recorded has no checked Boxes on it, confirming they never tried to contact me. At least the person signing the Declaration was truthful. Anyway, I’ve sued them and am ready to take control of the situation.

  8. kravitz says:

    The strange feeling I’m left with is that BofA and the Mayor seem to have the idea that bringing in police officers and their families is a good thing, and other people aren’t good. When did a banister get involved in social engineering? (Which of course is to suggest that’s exactly how they see themselves…)

  9. Organized Criminal Bank says:

    We need to Foreclose on Moynihan, quickly, no waiting.

  10. Pamela says:

    Asonly the last option my natural white ass.I don’t understand how the man is still alive.Why don’t we just hire a vet and have him humanely euthenised.Or better yet play Russian Roulette with him like he tried to play with us.Put him out of his lying slimey conniving ways thats the only way there will be satisfaction for anyone.

  11. Jason Werner says:

    There is nothing at BofA that God’s word does not call an unclean thing. Everything there is absolute abomination.

    And there are two types of whores in this world: Bank of America is both of them.

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