Law firm files suit for BofA homeowners seeking modifications

a national consumer-protection law firm, has filed a class action lawsuit alleging that Bank of America (NYSE:BAC) created and headed an illegal enterprise designed to defraud homeowners seeking loan.

Litigation costs mount at BofA, Chase over foreclosure, mortgage issues | LinkedIn. Law firm files suit for BofA homeowners seeking modifications 2018 Women of Influence: beckie santos salt lake city, Utah, Aug. 1, 2018 (SEND2PRESS NEWSWIRE) – mortgage document preparation vendor international document

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In court documents filed in one of the cases, Bank of America said the plaintiffs mistakenly. leading her to seek a loan modification. She took a job at a law firm where her earnings are steady but.

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Bank of America instructed employees to delay applications and mislead customers “as part of a deliberate practice of stringing homeowners along,” lawyers said in a June 7 filing. The law firm is..

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Although she didn’t say this threw the Williamses into foreclosure, she said that Bank of America is reviewing their file to. a loan modification in September. But his house was sold Oct. 29.

Bank of America and the Department of Justice are near a 16 to 17 billion dollar settlement, the largest agreement between the government and a single company.

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NEW YORK – Bank of America. homeowners along,” lawyers said in a June 7 filing. The law firm is in contact with more than 1,000 Bank of America customers who said they completed requirements for a.

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Six former Bank of America Corp. employees have reportedly testified in connection with a lawsuit filed in massachusetts federal court alleging that the bank deliberately denied loan modifications to eligible homeowners in order to force them into foreclosure. The former employees, who worked at different bank offices across the U.S. up until last year, claim [.]