Submitted by Illinoisnoki1 on Fri, 05/21/2010 - 09:47

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George Goehl,  Executive Director, National People's Action

Posted at Huffington Post: May 20, 2010 02:06 PM

Hundreds of people from communities across the country visited the Chevy Chase home of Bank of America's Deputy General Counsel, Gregory Baer, last week.

On Wednesday, Fortunate Magazine's Nina Easton, who lives across the street from Baer, wrote in her column that going to Baer's home was out of bounds. Today she took her story to Fox News. See SEIU's response here.

Bank of America came to the homes of millions of Americans when they engaged in predatory lending that helped drive the financial crisis, foreclosed on hundreds of thousands of families, littered communities with vacant properties, and stripped wealth from families by financing payday lenders that charge an average interest rate of 455 percent.

Bank of America came to the home of Trenda Kennedy of Springfield, IL when they called the day her son died to tell her they were preparing to foreclose. Ms. Kennedy has tried, repeatedly, to work with Bank of America to modify her loan and prevent foreclosure, but with no result. She has sent Bank of America the documentation necessary to negotiate a loan modification 12 times, the exact same number of times they have misplaced it. Now it is quite possible that Ms. Kennedy will soon not have a home.

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