Bank Of America Revives Deceptive Loan Advertising Practices

Bank Of America Revives Deceptive Loan Advertising Practices: About six months after the government warned lenders against deceptive mortgage advertising, Bank of America is using a misleading pitch and copious fine print to sell borrowers on refinancing plans. The American Banker reported Monday that a mailer from the bank in New Jersey “sounds eerily like a sales pitch from the bubble days of [...]/p