5th Circ. Revives Foreclosure Suit Against BofA Unit

Law360, New York (August 14, 2013, 2:44 PM EDT) -- The Fifth Circuit on Tuesday revived a foreclosure suit against a Bank of America Corp. mortgage servicing unit brought by a Texas couple who claim the company promised to consider a loan modification application but dragged its feet until it was too late to stop the foreclosure.

While the appeals panel upheld the dismissal of most of James and Allene Miller’s claims against BofA unit BAC Home Loans Servicing LP and National Default Exchange LP, it determined an Eastern District of Texas judge wrongfully booted a...
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