BofA Sued Over Mortgage Interest Payments To IRS

Law360, New York (July 13, 2012, 6:26 PM EDT) -- A San Diego homeowner hit Bank of America Corp. with a proposed class action in federal court Friday, accusing the bank of under-reporting to the Internal Revenue Service “millions, if not billions, of dollars” of homeowners' tax-deductible, deferred-interest mortgage payments.

In the suit filed in the U.S. District Court in the Southern District of California, named plaintiff Richard Horn claims BofA's intentional misrepresentation of their mortgage payments prevents borrowers from filing correct tax returns. His lawsuit contends that thousands if not millions of people may have...
To view the full article, register now.




Case Information

Case Title

Horn v. Bank of America, N.A.

Case Number



California Southern

Nature of Suit

Contract: Other


Gonzalo P. Curiel

Date Filed

July 11, 2012

Law Firms


Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.