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Real Estate & Property Law

: The Home Equity Theft Reporter

Alleged Failure To Come Clean On Defects In Recording Mortgages Leads To Another Proposed Class Action Lawsuit Targeting BofA

By r morris

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In New York City, Reuters reports:Bank of America Corp was hit with a lawsuit on Wednesday claiming the lending giant hid foreclosure problems that eventually led to a decline in its share price. The suit, a proposed class action, says Bank of America concealed defects in the recording of mortgages, which harmed investors when the company had to temporarily discontinue foreclosures last fall. [..

Full post as published by The Home Equity Theft Reporter on February 03, 2011 (boomark / email).

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