“I couldn’t agree more. With that in mind, here’s the special hot line number and e-mail address that the company reserved for legislators (and specifically requested I not publish): 888-655-7622, poinquiry@bankofamerica.com.”

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I’m liking this reporter more and more each day. The best part of this article is how she closes it out.

Bank of America gave out a secret hot line number not to be published, which she obtained, and although BofA explicitly requested the number not be published in her article, she went ahead and posted it anyway.

HA!

BofA Offers to Help Fix Mortgages… If You’re a State Legislator

By ABIGAIL FIELD

While nonjudicial foreclosure laws are not known for their excessive generosity, Hawaii’s is particularly draconian. In the Aloha State, it’s possible for homeowners to have their houses foreclosed on and sold for much less than their full value worth, without ever realizing the foreclosure is underway.

The law dates to 1874 and its abusiveness is rooted in effort to take land from native Hawaiians. Legislators have repeatedly tried to get the law changed, but they never seem to succeed.

Banks Versus Legislation

One reason for this legislative inaction might be the effectiveness of the bank lobby. According to Netra Halperin, who works for a Hawaii legislator, and herself ran unsuccessfully for office last year, two representatives of Bank of America (BAC) recently met with her. In her account of the meeting, which I’ve excerpted below, BoA’s workers offered a state legislator special access to its mortgage department. I’m omitting the legislator’s name because only Ms. Halperin was present at the conversation and she is speaking for herself, not for the legislator.

The quotes are to the best of Halperin’s recollection, and represent only the relevant part of a longer conversation:

See full article from DailyFinance: http://srph.it/hajtbp

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4closureFraud.org