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More From the Bank of America Collection Machine; Putting Loan Sharks to Shame
I have been posting excerpts from declarations from the In re HAMP case. To be clear, the plaintiffs’ lawyer, Steve W. Berman, of Hagens Berman Sobol Shapiro LLP is the attorney who should be credited...
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Bank of America’s Mod Fraud
More stomach churning admissions from the Bank of America camp… You just know these employees are telling the truth, and you also know that BoA will try to discredit each and every one of them,...
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Bank of America Lied
Bank of America Lied to Homeowners and Rewarded Foreclosures, Former Employees Say by Paul Kiel ProPublica, June 14, 2013, 5:44 p.m. Bank of America employees regularly lied to homeowners seeking loan...
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Urban—One of Bank of America’s Agents of Mod Fraud—Speaks Out
Bert Sheeks, an employee of Urban Settlement Services, did contract work for Bank of America, including HAMP modifications. One of his tasks was to confirm whether the documents a borrower claimed to...
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MSNBC’s Chris Hayes, “We Were Told to Lie” Say the Bank of America Employees
We have sued BoA over this same type of modification fraud. I can’t tell you how many people have walked into my office with stories of Kafka-esque behavior by BoA relating to their Trial Payment...
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New Lawsuit by Hedge Funds Against Securitization Trustees Filed in New York...
Here’s a new lawsuit to watch. It was filed in New York’s state court, called the Supreme Court (trial court) division in New York. I would wager that the Defendants will try to remove it to federal...
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Alvarez v BAC — Negligence in Loan Modification–California Court of Appeals
Alvarez v. BAC Home Loans Serv., L.P., No A138443, 2014 WL ________ (Cal. Ct. App. -1st Dist. Aug. 14, 2014)(slip opinion). Opinion here: 2014-a138443–alvarez v bac BANA’s Liability for Countrywide...
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Freddie and Fannie Sell Your Home Loans to Vultures for Pennies on Dollar:...
Freddie Mac Kicks Off 2016 with Largest Ever Delinquent Loan Auction article here: The transaction announced on Friday is Freddie Mac’s third bulk NPL sale worth more than $1 billion. The previous two...
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Lady Justice Awakens Slowly after Seven Year Coma; Rule of Law Needs Major...
While we typically think of the rule of law as being designed to protect the weak against the strong, and ordinary citizens against the privileged, those with wealth will use their political power to...
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Judge Compares Bank of America Foreclosure Behavior to Kafka
In case you missed this gem, this decision in Sundquist v. Bank of America, N.A. by a bankruptcy judge in California is a must read. The opening sentence is one of the best I’ve seen lately: Franz...
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