As a government represented by the people, we ask of you to enact stricter legislation towards regulating banks.

As a government represented by the people, we ask of you to enact stricter legislation towards regulating banks. Specifically, Bank of America. As a government that backed federal bailouts to major banks, the practices of Bank of America and the innate disregard for federal guidelines passed in 2009 under the Home Affordable Modification Program have become increasingly evident. Throughout the country people are suffering due to this bank’s inability to follow federal legislation. However, this petition should not only be applied to those that are suffering due to Bank of America’s current practices in lending. Many of these individuals have federally backed loans. The inability for the bank to move these loans into short sale processes or provide adequate modifications will result hundred