Suit: “Another Tale Of Bank Of America Cheating Its Customers” As Bankster Is Accused Of Putting Borrower Into Default w/ Unauthorized Escrow Account

Written by Administrator on December 9th, 2011

In San Diego, California, Courthouse News Service reports:Bank of America found a new way to illegally extract money from customers, according to a federal class action: deduct taxes and insurance from mortgage payments, even though the homebuyers make those payments themselves, then call the mortgage in default for the unauthorized deductions, and charge late fees and penalties.Lead plaintiffs
The Home Equity Theft Reporter

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