Emails obtained by someone claiming to be former bank employee appear to show improper sub-prime lending practices
The emails appear to show employees of Balboa Insurance, a Bank of America unit, discussing the removal of details from documents in loan files. Photograph: AP The hacker group Anonymous has released a cache of emails obtained from someone said to be a former Bank of America employee.
The group alleges that the emails, dating from November 2010, detail improper lending practices at the bank, an allegation the bank denies. The leak comes as consumer groups have accused major US lenders of foreclosing on many homes without having proper documentation in place.
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