Suit Over Countrywide Fees All But Snuffed Out

Law360, New York (September 18, 2009, 3:14 PM EDT) -- A federal judge has axed nearly all the allegations in a putative class action brought by Washington mortgage borrowers against Bank of America Corp. unit Countrywide Home Loans Inc. over alleged improper fees tacked on to loan costs, but allowed the plaintiffs to amend allegations of unfair or deceptive business practices.

Judge Benjamin H. Settle issued the order Wednesday in the U.S. District Court for the Western District of Washington dismissing most of the plaintiffs' claims under the Washington Administrative Codes as well as the unfair...
To view the full article, register now.