Last week BoA said it had not found a single example where a foreclosure proceeding was brought in error.
Today it said that out of the first “hundreds” of cases examined, 10 to 25 had problems of which some were minor.
Simple math says this means more than 1 to 2.5% of cases had problems. Given the demonstrable habit of lying these two cites demonstrate AND the fact that “hundreds” is less than a thousand, I’m quite comfortable predicting the actual percentage of flawed cases is much larger than 2.5% and further that “some” is less than half.
I suspect BoA executives are buying antacids by the caseload.
(For those who don’t get the title: “How do you know [group] are lying? Their lips are moving.”)