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Cabrera et al v. Countrywide Home Loans Inc. et al
Case Number:
3:11-cv-04869
Court:
Nature of Suit:
Racketeer/Corrupt Organization
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 13, 2013
BofA, Countrywide Settle Remnants Of RICO Class Action
Bank of America Corp. and its Countrywide Financial unit have reached a deal resolving what remained of a racketeering class action brought by a married couple who claimed they were deceived into taking out a subprime loan that ultimately dragged their house into foreclosure, according to court documents filed Tuesday in California federal court.
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October 31, 2012
BofA, Countrywide Beat RICO Claims Over Subprime Lending
A California federal judge Tuesday largely wiped out racketeering and unfair competition allegations against Bank of America Corp. and Countrywide Financial Corp. from a married couple who say they were improperly given a subprime loan and sent into foreclosure, calling them time-barred and unspecific.