Privacy Concerns Would not Prevent Bank of America from Talking About Bank Policy

A NYT article reporting on the fact that banks are proving much more willing to forgive debt on second mortgages than first mortgages highlighted the case of Danette Rivera, a 38-year-old single mother, who had $115,000 of second mortgage debt forgiven and is facing foreclosure by Bank of America over unpaid debt on a first mortgage. The piece told readers:

"The bank, citing customer privacy concerns, declined to comment."

It would have been helpful to remind readers that Bank of America has...