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Vought et al v. Bank of America N A et al
Case Number:
2:10-cv-02052
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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January 24, 2013
$20M Bank Of America Mortgage Deal Wins Final OK
A California federal judge on Wednesday approved a revised $20 million settlement agreement between Bank of America Corp. and a class of homeowners, after provisions were inserted in the deal to keep unclaimed settlement funds from paying attorneys' fees or reverting to the bank.
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October 04, 2012
BofA's $20M Mortgage Deal Blocked Over Inflated Attys' Fees
A federal judge on Thursday rejected a proposed settlement worth up to $20 million between Bank of America Corp. and a class of homeowners who claimed the bank did not properly credit mortgage payments, saying more protections were needed to keep unclaimed settlement funds from going to cover bloated attorneys' fees.