“The Independent Foreclosure Review is the government’s main effort to compensate homeowners for harm they suffered at the hands of banks – and, as its name indicates, it’s supposed to be independent. But until recently, that was hardly the case with Bank of America. Supposedly independent, third-party reviewers would sit at a computer, analyzing each homeowner’s case. But the reviewers weren’t starting from a blank slate. Bank of America employees had already supplied the answers, which the reviewers would have to override if they did not agree.”
