Bank of America agrees to pay $2M over customer recorded calls

by Fraud Stoppers Admin | Jun 14, 2017 | Foreclosure Defense News, Tactics, and Tips

Bank of America agrees to pay $2M over customer recorded calls SAN DIEGO – Bank of America will pay nearly $2 million to settle a lawsuit alleging it violated state law by failing to timely disclose its automatic recording of phone calls with members of the public,...

Supreme Court rules cities can sue banks for predatory lending

by Fraud Stoppers Admin | May 15, 2017 | Foreclosure Defense News, Tactics, and Tips

Supreme Court rules cities can sue banks for predatory lending Hands partial victory to Miami in suits against Bank of America, Wells Fargo The Supreme Court handed down a landmark ruling, stating cities can sue banks for discriminatory mortgage lending practices, but...

Bank of America Foreclosure Almost Drove a Couple to the Brink of Death

by Fraud Stoppers Admin | Apr 3, 2017 | Foreclosure Defense News, Tactics, and Tips

“Franz Kafka lives… he works at Bank of America.” Judge Christopher Klein’s words kick off an incredible ruling in a federal bankruptcy court in California last week, condemning Bank of America for a long nightmare of a foreclosure against a couple...

Bank Of America Ordered To Pay $46M Over Improper Foreclosure

by Fraud Stoppers Admin | Mar 30, 2017 | Foreclosure Defense News, Tactics, and Tips

Bank of America must pay $46 million for improperly foreclosing on a California couple’s home in 2010.  U.S. Bankruptcy Court Judge Christopher Klein levied [PDF] the judgement against the bank this week, calling Bank of America’s actions in foreclosing on the...

St. Louis man, 97, accuses Bank of America of pilfering $77,000 of his retirement savings

by Fraud Stoppers Admin | Mar 21, 2017 | Foreclosure Defense News, Tactics, and Tips

ST. LOUIS • A 97-year-old St. Louis man who ran a jewelry repair shop downtown for decades after emigrating from Hungary believes Bank of America has cheated him out of more than $77,000 of his retirement money. Karlo Tanko, a widower who lives in the city’s Boulevard...