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Loan Modification

: Mortgage Lender Implode-o-Meter

Arizona sues BofA, alleges loan modification fraud

By Implode-Explode Heavy Industries

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"Bank of America Corp. violated Arizona's consumer fraud law by misleading consumers who tried to reduce their mortgage payments so they could keep their homes, state Attorney General Terry Goddard said Friday as he filed a civil lawsuit against the bank."

Full post as published by Mortgage Lender Implode-o-Meter on December 17, 2010 (boomark / email).

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