Couple Uses Music Video To Embarrass Bank Of America Into Closing On Their Loan

[Huey P. Long]

Run time: 01:32 https://www.youtube.com/watch?v=4rEfSupQB78   Posted on YouTube: December 11, 2011 By YouTube Member: CloseOurLoan Views on YouTube: 17300   Posted on DU: December 30, 2011 By DU Member: Huey P. Long Views on DU: 1197

 
Couple Uses Music Video To Embarrass Bank Of America Into Closing On Their Loan
By Pat Garofalo on Dec 29, 2011 at 4:45 pm

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Ken and Meredith Williams’ humorous music video, the centerpiece of a no-holds-barred social media campaign waged against Bank of America (BAC), convinced the bank to finally close on the couple’s mortgage — despite the lyric, born of frustration with a 72-day waiting period, “Don’t let anybody tell you you’re too big to fail/Cause you belong in jail.”
As AOL Real Estate’s Teke Wiggin reports, Bank of America’s social media team 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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http://thinkprogress.org/economy/2011/12/29/395745/couple-video-bank-america-loan/