bank of america

03/31/2014

Force-Placed Insurance Lawsuit Brought Against Bank of America

Force Placed Insurance Lawsuit Brought Against Bank of America

On March 28, 2014 Bank of America was hit with another class action on behalf of a nationwide group of borrowers who were subject to the bank’s force-placed insurance policies. The force-placed insurance lawsuit, filed in Federal Court in the Northern District of California alleges that Bank of America force-placed flood insurance policies on a San Jose, California woman's home, creating unnecessary and unwarranted coverage. In accordance with the terms of her mortgage and federal law, the plaintiff was forced... Read More
03/15/2012

Bank of America Home Loan Mortgage Modifications

Audet & Partners, LLP is investigating allegations of wrongdoing connected to Bank of America “home loan modifications.” Based on information and belief, we are investigating allegations that Bank of America is mishandling such home loan modifications to existing home mortgages. According to our investigation, applicants are allegedly told to let their home loan (mortgage) lapse for three months to qualify for the program. Then, when the applicants attempt to qualify for the loan mod, they are told that they do not... Read More