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Video: Couple Shames Bank of America Into Closing Loan

Ken and Meredith Williams created an online music video (below) mocking Bank of America in order to finally get BofA to close on their mortgage after a more than two month delay.

Part of the lyrics go: “Don’t let anybody tell you you’re too big to fail/Cause you belong in jail.”

Bank of America took note. Not only did the bank finally close on the $203,000 loan on Dec. 16, seven weeks after the Oct. 31 date given originally by a senior mortgage officer, it also agreed to pay the $50-a-day late fees the couple owed to the seller.


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