After the homeowner diligently sent in the same documents repeatedly for a HAMP home loan modification BofA started requesting impossible documents such as child support verification and a death certificate. This is a series of one homeowners attempt to do the right thing being subverted by a bank not willing to eat losses in the free market.
“The Death Certificate – Part 1,” includes actual scans of letters from Bank of America claiming to “need” the Death Certificate of a living borrower to complete his home loan modification. The director sought to find an entertaining method to highlight the ridiculously morbid request from the bank. More importantly, the “Banking Bad” documentary video series seems to be addressing an entire nation caught in a financial crisis, due in large to these types of lending practices.
This is a series bringing light on the unethical behavior of Americas largest zombie bank