Former Bank of America (BAC) employees are facing criticism from their former employer after going public with serious allegations about the bank's handling of distressed borrowers.
The employees made headlines when they gave statements to attorneys in two big cases filed against Bank of America.
The employees alleged BofA initiated practices that deliberately delayed or intervened with borrowers loan modification requests.
The whistleblowers also claimed BofA staff lied to homeowners at times about whether they had received the borrowers documents.
But Bank of America pushed back, filing its own version of the story in court.
The Huffington Post says the bank alleges the whistleblowers 'wildly misrepresented their duties at the bank' and believes the claims they made are impossible. The HP writes:
The bank says that six of the seven whistleblowers were motivated to lie because they had been fired for "inappropriate behavior," including threatening a coworker with violence, sending inappropriate text messages and "bullying."