BofA, Law Firm Face Suit Over Foreclosure Atty Fees

Law360, Los Angeles (July 30, 2013, 3:13 PM EDT) -- Bank of America NA and law firm McCabe Weisberg & Conway PC were hit Monday with a putative class action in Pennsylvania federal court alleging they demanded “unauthorized and illegal foreclosure-related attorneys’ fees” that were not permitted by homeowners’ mortgage contracts.

The lawsuit was filed by Pittsburgh residents and married homeowners Rosalind and Harry Davis, who claim that the defendants’ “systemic practices of demanding attorneys’ fees that are not authorized by homeowners’ mortgage contracts” violate the Racketeer Influenced and Corrupt Organizations Act, the Fair Debt Collection...
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