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Governor @GavinNewsom says that @BankofAmerica is the only bank that refused to join over 200 other financial institutions (including the biggest banks in the country) in giving a 90 day moratorium on mortgage payments to Californians while also protecting their credit ratings
3. A Senior Vice-President at @BankofAmerica texted this message to me by accident
It was meant for her colleague
Unclear what sheâs referring to exactly but it came after I reached out to them because I learned that their language in the tweet above is intentionally misleading
It was meant for her colleague
Unclear what sheâs referring to exactly but it came after I reached out to them because I learned that their language in the tweet above is intentionally misleading
4. As I understand it, @BankofAmerica is allowing customers to go forward with a three month forbearance not a pause on payments and having the amount due folded into the overall balance
This means customers will have a balloon payment due after 90 days.
Troubling.
This means customers will have a balloon payment due after 90 days.
Troubling.
5. Iâve asked @BankofAmerica for comment on the text message mistakenly sent to me and on their mortgage policy which will no doubt put their customers in a tough position at such a difficult time.
