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Sunday, June 23, 2013, 3:00am

Hampered

Former Employees: BofA Lied To Borrowers, Paid Bonuses For Foreclosures

A Culture Of Punishing Employees Who Challenged Practices


Bank of America delayed applications from homeowners seeking a mortgage modification, lied to borrowers and even paid out bonuses to employees for denying applications and placing homes into foreclosure, according to former employees writing in support of a class-action lawsuit against the bank.

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