April 28, 2014
A federal judge on Friday granted final approval to a settlement resolving a suit by a class of California homeowners challenging Bank of America Corp.'s now-revoked policy of establishing impound accounts that allowed the bank to pay the borrowers' property taxes and homeowner's insurance without their consent.
June 04, 2013
A federal judge on Monday certified a class of California homeowners challenging Bank of America Corp.'s now-revoked policy of establishing impound accounts so the bank could pay the borrowers' property taxes and homeowner's insurance without the homeowners' consent.
December 06, 2011
A Bank of America Corp. home loan servicing division on Monday was hit with a putative class action in California federal court for allegedly charging mortgage loan borrowers unjustified penalty fees that eventually drove them into default.