Anonymous Releases BofA Emails

Anonymous this morning released a series of emails it obtained from a former Bank of America employee who claims they reveal how a division of the bank sought to hide information on foreclosures, according to media reports.

In the emails dating from November 2010, individuals who appear to be employees of Balboa Insurance, a BofA insurance unit, discuss removing documents from loan files for a group of insured properties, Reuters reported.

A representative of Anonymous told Reuters yesterday the documents relate to the question of whether BofA has improperly foreclosed on homes. Although the representative said he had not seen the documents, he had been briefed on their contents.

A BofA spokesman told Reuters the documents were clerical and administrative in nature and stolen by a former Balboa Insurance employee and described the leaker’s allegations as “extravagant” and “untrue.”

The leaks were announced this weekend and had been teased from Twitter account @OperationLeakS, Forbes’ Halah Touryalai wrote. Members of Anonymous tweeted today's leak is just the first of other emails it plans on releasing, and Touryalai said if those new emails outline why BofA employees were switching or erasing information in loan accounts, “then BofA better lawyer up.”

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