BofA Tries To Block Class-Action Lawsuit

The truth… Your honor, they think we can’t handle the truth…
http://youtu.be/UXoNE14U_zM

page divider

Whether or not you are represented by an attorney understanding the legal system is an asset.  The more you learn, the less likely you are to be taken advantage of or scammed.  Knowledge is power!

 

Justice League

BofA Tries To Block Class-Action Lawsuit

Bank of America moved to block a potential class-action suit in federal district court yesterday, saying the plaintiffs had failed to produce evidence of widespread abuses.

The case before U.S. District Judge Rya Zobel in Boston involves claims by several homeowners who sought loan modifications from Bank of America under the federal Home Affordable Modification Program (HAMP), an initiative introduced by the Obama administration in 2009 to help distressed homeowners keep their homes.

Lawyers for the plaintiffs allege that Bank of America deliberately lied, stonewalled, and mislaid documents in order to prevent homeowners who were successfully completing trial modifications from qualifying for permanent mods, enabling the bank to foreclose instead.

– See more at: http://www.bankerandtradesman.com/news155977.html#sthash.yfhx0jFR.dpuf

View original post

3 thoughts on “BofA Tries To Block Class-Action Lawsuit

  1. With the Wall Street and the Financial Crisis; Anatomy of a Financial Collapse. and all the whistle blowers new depositions dont know how the bank can claim this. And the 25 billion dollar settlement What a bunch of garbage and lies. So frustrating.

  2. What the BofA has is plenty of money, plenty of attorney and plentyof arrogance. Let’s all hope the judge will see through their nonsense. Come on BofA – come clean and just tell the truth. The whistleblowers are not liars. Anyone whoh as ever been a whistleblower knows that it is never an easy choice to make or an easy path to follow. Some can’t even get jobs because of their whistleblower status. Frankly I don’t think they modified because they didn’t actually own the loans (they were not the original lenders) they merely had collection rights FESS UP AND PAY UP – SURRENDER JAMIE!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s