August 29, 2022
A North Carolina resident seeking to represent a class of mortgage borrowers has agreed to settle her federal suit with Bank of America that alleged the bank sought to profit from systematically opening escrow accounts for customers without authorization.
June 03, 2021
A federal judge in North Carolina has denied Bank of America's bid to end a proposed class action alleging that the bank improperly opened escrow accounts for its mortgage borrowers and mismanaged those accounts.
August 03, 2020
Bank of America NA was hit Monday with a proposed class action from a North Carolina resident who alleges the bank has engaged in systematic mistreatment of home loan borrowers, enrolling her and others in mortgage escrow accounts without proper authorization.